DANFOSS A/S — Credit Rating and Financial Key Figures

CVR number: 20165715
Nordborgvej 81, 6430 Nordborg
danfoss@danfoss.com
tel: 74884415

Credit rating

Company information

Official name
DANFOSS A/S
Personnel
2637 persons
Established
1961
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DANFOSS A/S

DANFOSS A/S (CVR number: 20165715K) is a company from SØNDERBORG. The company reported a net sales of 9674 mEUR in 2024, demonstrating a decline of -9.2 % compared to the previous year. The operating profit percentage was at 7.8 % (EBIT: 754 mEUR), while net earnings were 370 mEUR. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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. DANFOSS A/S's liquidity measured by quick ratio was 0.9 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
2020
2021
2022
2023
2024
Volume
Net sales5 828.007 539.0010 256.0010 654.009 674.00
Gross profit1 983.002 452.003 300.003 492.003 057.00
EBIT625.00877.001 043.001 252.00754.00
Net earnings435.00631.00683.00819.00370.00
Shareholders equity total3 184.003 951.005 048.005 443.005 601.00
Balance sheet total (assets)6 412.009 970.0011 728.0011 818.0011 736.00
Net debt717.002 902.002 956.002 788.002 604.00
Profitability
EBIT-%10.7 %11.6 %10.2 %11.8 %7.8 %
ROA10.0 %10.8 %9.7 %10.7 %6.4 %
ROE14.7 %18.2 %15.9 %16.6 %7.1 %
ROI13.9 %14.7 %13.1 %14.0 %8.3 %
Economic value added (EVA)431.09645.94621.91816.91336.73
Solvency
Equity ratio49.7 %39.6 %43.0 %46.1 %47.7 %
Gearing41.7 %79.8 %65.3 %58.0 %52.5 %
Relative net indebtedness %44.9 %76.5 %61.8 %56.4 %59.9 %
Liquidity
Quick ratio1.00.70.70.80.9
Current ratio1.51.21.31.41.5
Cash and cash equivalents611.00249.00340.00369.00339.00
Capital use efficiency
Trade debtors turnover (days)54.067.558.752.654.0
Net working capital %12.8 %7.8 %8.6 %10.8 %13.1 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:6.44%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer
Board member
Board member

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