DANSK VEJRHANE OG MEJSEKASSE FABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 13426198
Taarbæk Strandvej 45, 2930 Klampenborg

Company information

Official name
DANSK VEJRHANE OG MEJSEKASSE FABRIK A/S
Personnel
3 persons
Established
1989
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 840.50- 894.015 336.10439.982 708.43
Gross profit2 759.89- 985.785 258.03344.662 609.71
EBIT2 609.88-1 135.785 108.03194.662 459.71
Net earnings3 907.24-3 320.486 253.07128.301 655.43
Shareholders equity total34 158.2430 837.7637 090.8337 219.1338 874.56
Balance sheet total (assets)34 346.1631 345.4537 772.7137 847.2939 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 %
ROA13.7 %-3.3 %23.3 %0.6 %6.9 %
ROE12.1 %-10.2 %18.4 %0.3 %4.4 %
ROI13.9 %-3.4 %23.7 %0.6 %6.0 %
Economic value added (EVA)1 452.45-1 613.423 389.1721.111 736.99
Solvency
Equity ratio99.5 %98.4 %98.2 %98.3 %98.6 %
Gearing
Relative net indebtedness %-637.0 %1886.1 %-325.7 %-4162.9 %-741.6 %
Liquidity
Quick ratio109.642.130.533.241.1
Current ratio119.142.130.533.241.1
Cash and cash equivalents18 281.8017 369.9818 063.9018 944.2420 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 ratingAABBBAAAAAA

Variable visualization

ROA:6.90%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member

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