DANSKE COMMODITIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSKE COMMODITIES A/S
DANSKE COMMODITIES A/S (CVR number: 28113951K) is a company from AARHUS. The company recorded a gross profit of 276.2 mEUR in 2024. The operating profit was 162.7 mEUR, while net earnings were 149.3 mEUR. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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 2.5 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 791 683.00 | ||||
Gross profit | 126 402.00 | 475 666.00 | 2 178 526.00 | 410 103.00 | 276 239.00 |
EBIT | 54 312.00 | 394 127.00 | 2 068 955.00 | 322 767.00 | 162 670.00 |
Net earnings | 40 207.00 | 302 909.00 | 1 555 794.00 | 357 120.00 | 149 303.00 |
Shareholders equity total | 332 393.00 | 634 498.00 | 5 688 472.00 | 2 795 018.00 | 2 185 576.00 |
Balance sheet total (assets) | 1 231 814.00 | 7 488 231.00 | 14 843 202.00 | 4 360 737.00 | 3 324 973.00 |
Net debt | - 116 973.00 | 247 549.00 | 2 405 329.00 | 47 092.00 | - 146 641.00 |
Profitability | |||||
EBIT-% | 6.9 % | ||||
ROA | 6.0 % | 9.2 % | 18.6 % | 5.3 % | 6.2 % |
ROE | 12.9 % | 62.7 % | 49.2 % | 8.4 % | 6.0 % |
ROI | 15.8 % | 29.9 % | 35.2 % | 8.1 % | 9.0 % |
Economic value added (EVA) | 30 950.32 | 299 742.06 | 1 654 181.19 | 39 906.18 | 113 768.08 |
Solvency | |||||
Equity ratio | 27.0 % | 8.5 % | 38.3 % | 64.1 % | 65.7 % |
Gearing | 13.7 % | 257.2 % | 67.3 % | 7.8 % | 4.8 % |
Relative net indebtedness % | 93.1 % | ||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 1.4 | 2.2 | 2.5 |
Current ratio | 1.3 | 1.1 | 1.6 | 2.7 | 2.9 |
Cash and cash equivalents | 162 348.00 | 1 384 665.00 | 1 424 501.00 | 170 651.00 | 250 580.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 96.7 | ||||
Net working capital % | 30.3 % | ||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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