DANSK MASKININDUSTRI A/S — Credit Rating and Financial Key Figures

CVR number: 35529004
Lufthavnsvej 25, 9400 Nørresundby
info@dkmi.dk
tel: 41300300

Company information

Official name
DANSK MASKININDUSTRI A/S
Personnel
37 persons
Established
2013
Company form
Limited company
Industry

About DANSK MASKININDUSTRI A/S

DANSK MASKININDUSTRI A/S (CVR number: 35529004) is a company from AALBORG. The company recorded a gross profit of 16.1 mDKK in 2023. The operating profit was -109 kDKK, while net earnings were -1515.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -41.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANSK MASKININDUSTRI A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 315.7015 920.2817 643.9119 152.9216 144.58
EBIT1 098.31922.00937.931 304.91- 109.01
Net earnings383.95308.55293.097.39-1 515.65
Shareholders equity total3 765.764 074.314 617.404 624.792 708.05
Balance sheet total (assets)24 986.9924 765.9833 034.0438 819.2135 856.94
Net debt7 447.837 514.5013 381.1023 452.2925 277.33
Profitability
EBIT-%
ROA5.0 %3.7 %3.2 %3.7 %-0.2 %
ROE10.7 %7.9 %6.7 %0.2 %-41.3 %
ROI6.4 %5.1 %4.3 %4.7 %-0.3 %
Economic value added (EVA)618.20349.09388.16481.79-1 067.48
Solvency
Equity ratio15.1 %16.5 %23.1 %20.3 %17.6 %
Gearing197.8 %184.4 %289.8 %507.1 %933.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.70.60.7
Current ratio0.80.91.11.11.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-0.25%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.6%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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