DNV BUSINESS ASSURANCE DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DNV BUSINESS ASSURANCE DENMARK A/S
DNV BUSINESS ASSURANCE DENMARK A/S (CVR number: 32934382) is a company from GENTOFTE. The company reported a net sales of 179.8 mDKK in 2024, demonstrating a growth of 10.6 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 17.5 mDKK), while net earnings were 14 mDKK. The profitability of the company measured by Return on Assets (ROA) was 36.8 %, which can be considered excellent and Return on Equity (ROE) was 57.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DNV BUSINESS ASSURANCE DENMARK A/S's liquidity measured by quick ratio was 1.8 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 105.52 | 125.80 | 137.25 | 162.50 | 179.75 |
Gross profit | 50.56 | 60.39 | 59.64 | 75.59 | 83.28 |
EBIT | 7.13 | 12.42 | 6.94 | 14.39 | 17.52 |
Net earnings | 4.90 | 9.40 | 5.08 | 11.38 | 14.04 |
Shareholders equity total | 24.88 | 24.29 | 19.36 | 24.75 | 23.79 |
Balance sheet total (assets) | 59.40 | 50.90 | 41.71 | 48.95 | 52.12 |
Net debt | 6.08 | 7.59 | |||
Profitability | |||||
EBIT-% | 6.8 % | 9.9 % | 5.1 % | 8.9 % | 9.7 % |
ROA | 11.3 % | 22.5 % | 15.0 % | 33.9 % | 36.8 % |
ROE | 21.8 % | 38.3 % | 23.3 % | 51.6 % | 57.9 % |
ROI | 11.3 % | 22.5 % | 15.0 % | 42.3 % | 59.7 % |
Economic value added (EVA) | 6.13 | 11.17 | 5.72 | 10.21 | 11.96 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 50.6 % | 45.6 % |
Gearing | 24.6 % | 31.9 % | |||
Relative net indebtedness % | 14.9 % | 15.8 % | |||
Liquidity | |||||
Quick ratio | 2.0 | 1.8 | |||
Current ratio | 2.0 | 1.8 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 61.4 | 67.4 | |||
Net working capital % | 15.2 % | 13.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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