DANSKE COMMODITIES A/S — Credit Rating and Financial Key Figures

CVR number: 28113951
Værkmestergade 3, 8000 Aarhus C
legal@danskecommodities.com
tel: 88338181

Credit rating

Company information

Official name
DANSKE COMMODITIES A/S
Personnel
569 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About DANSKE COMMODITIES A/S

DANSKE COMMODITIES A/S (CVR number: 28113951K) is a company from AARHUS. The company recorded a gross profit of 410.1 mEUR in 2023. The operating profit was 322.8 mEUR, while net earnings were 357.1 mEUR. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANSKE COMMODITIES A/S's liquidity measured by quick ratio was 2.2 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

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
20192020202120222023
Volume
Net sales791 474.00791 683.00
Gross profit99 027.00126 402.00475 666.002 178 526.00410 103.00
EBIT52 560.0054 312.00394 127.002 068 955.00322 767.00
Net earnings39 786.0040 207.00302 909.001 555 794.00357 120.00
Shareholders equity total292 711.00332 393.00634 498.005 688 472.002 795 018.00
Balance sheet total (assets)770 564.001 231 814.007 488 231.0014 843 202.004 360 737.00
Net debt3 220.00- 116 973.00247 549.002 405 329.0047 092.00
Profitability
EBIT-%6.6 %6.9 %
ROA9.6 %6.0 %9.2 %18.6 %5.3 %
ROE21.6 %12.9 %62.7 %49.2 %8.4 %
ROI13.5 %15.8 %29.9 %35.2 %8.1 %
Economic value added (EVA)39 692.0730 950.32299 742.061 654 181.1939 906.18
Solvency
Equity ratio38.0 %27.0 %8.5 %38.3 %64.1 %
Gearing21.9 %13.7 %257.2 %67.3 %7.8 %
Relative net indebtedness %52.7 %93.1 %
Liquidity
Quick ratio1.11.00.91.42.2
Current ratio1.41.31.11.62.7
Cash and cash equivalents60 745.00162 348.001 384 665.001 424 501.00170 651.00
Capital use efficiency
Trade debtors turnover (days)75.096.7
Net working capital %24.5 %30.3 %
Credit risk
Credit ratingAABBBAAA

Variable visualization

ROA:5.28%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.1%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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