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: 28113951) is a company from AARHUS. The company reported a net sales of 788.6 mEUR in 2020, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was at 6.5 % (EBIT: 51.1 mEUR), while net earnings were 40.2 mEUR. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANSKE COMMODITIES A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mEUR)

EBIT (mEUR)

Profitability

Solidity

Key figures (mEUR)

See financials
20162017201820192020
Volume
Net sales3 350.725 477.569 383.47789.88788.65
Gross profit63.2786.67105.5497.35123.37
EBIT21.9739.8752.8151.5551.08
Net earnings26.0047.1955.9739.7940.21
Shareholders equity total83.80105.8676.23292.71332.39
Balance sheet total (assets)257.70348.63358.83758.651 232.17
Net debt-66.06-82.22-44.747.35- 107.87
Profitability
EBIT-%0.7 %0.7 %0.6 %6.5 %6.5 %
ROA10.1 %15.6 %15.8 %9.7 %5.9 %
ROE31.0 %49.8 %61.5 %21.6 %12.9 %
ROI7.6 %11.9 %12.6 %13.5 %15.4 %
Economic value added (EVA)21.9740.0752.9939.3728.75
Solvency
Equity ratio50.0 %49.7 %49.8 %38.6 %27.0 %
Gearing22.1 %15.0 %
Relative net indebtedness %-4.5 %-3.4 %-1.3 %51.7 %94.1 %
Liquidity
Quick ratio-2.8-3.0-3.91.11.0
Current ratio-2.9-3.1-4.41.41.3
Cash and cash equivalents66.0682.2244.7457.39157.69
Capital use efficiency
Trade debtors turnover (days)73.694.7
Net working capital %9.7 %7.9 %4.4 %24.0 %29.7 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:5.90%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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