DANSK VEJRHANE OG MEJSEKASSE FABRIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK VEJRHANE OG MEJSEKASSE FABRIK A/S
DANSK VEJRHANE OG MEJSEKASSE FABRIK A/S (CVR number: 13426198) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 2.7 mDKK in 2023, demonstrating a growth of 515.6 % compared to the previous year. The operating profit percentage was at 90.8 % (EBIT: 2.5 mDKK), while net earnings were 1655.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANSK VEJRHANE OG MEJSEKASSE FABRIK A/S's liquidity measured by quick ratio was 41.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 840.50 | - 894.01 | 5 336.10 | 439.98 | 2 708.43 |
Gross profit | 2 759.89 | - 985.78 | 5 258.03 | 344.66 | 2 609.71 |
EBIT | 2 609.88 | -1 135.78 | 5 108.03 | 194.66 | 2 459.71 |
Net earnings | 3 907.24 | -3 320.48 | 6 253.07 | 128.30 | 1 655.43 |
Shareholders equity total | 34 158.24 | 30 837.76 | 37 090.83 | 37 219.13 | 38 874.56 |
Balance sheet total (assets) | 34 346.16 | 31 345.45 | 37 772.71 | 37 847.29 | 39 421.17 |
Net debt | -18 281.80 | -17 369.98 | -18 063.90 | -18 944.24 | -20 632.29 |
Profitability | |||||
EBIT-% | 91.9 % | 95.7 % | 44.2 % | 90.8 % | |
ROA | 13.7 % | -3.3 % | 23.3 % | 0.6 % | 6.9 % |
ROE | 12.1 % | -10.2 % | 18.4 % | 0.3 % | 4.4 % |
ROI | 13.9 % | -3.4 % | 23.7 % | 0.6 % | 6.0 % |
Economic value added (EVA) | 1 452.45 | -1 613.42 | 3 389.17 | 21.11 | 1 736.99 |
Solvency | |||||
Equity ratio | 99.5 % | 98.4 % | 98.2 % | 98.3 % | 98.6 % |
Gearing | |||||
Relative net indebtedness % | -637.0 % | 1886.1 % | -325.7 % | -4162.9 % | -741.6 % |
Liquidity | |||||
Quick ratio | 109.6 | 42.1 | 30.5 | 33.2 | 41.1 |
Current ratio | 119.1 | 42.1 | 30.5 | 33.2 | 41.1 |
Cash and cash equivalents | 18 281.80 | 17 369.98 | 18 063.90 | 18 944.24 | 20 632.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 182.4 % | -406.6 % | 39.9 % | 358.4 % | 55.9 % |
Credit risk | |||||
Credit rating | AA | BBB | AA | AA | AA |
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