Dana Tank A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Dana Tank A/S
Dana Tank A/S (CVR number: 40892273) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 304.8 kDKK in 2024. The operating profit was -3503.8 kDKK, while net earnings were -3370.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.7 %, which can be considered poor and Return on Equity (ROE) was -33.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35 %, 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. Dana Tank 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 925.45 | 5 278.93 | - 376.32 | 770.11 | 304.76 |
EBIT | 304.66 | 785.27 | -3 419.86 | -2 787.75 | -3 503.76 |
Net earnings | 160.83 | 534.73 | -2 859.39 | -2 492.42 | -3 370.47 |
Shareholders equity total | 904.58 | 3 439.30 | 579.92 | -1 912.51 | 4 717.02 |
Balance sheet total (assets) | 9 347.76 | 17 775.07 | 15 852.27 | 15 392.69 | 13 485.87 |
Net debt | 3 061.93 | 8 676.18 | 10 344.82 | 12 707.66 | 4 606.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 6.3 % | -20.3 % | -16.8 % | -22.7 % |
ROE | 24.7 % | 24.6 % | -142.3 % | -31.2 % | -33.5 % |
ROI | 11.3 % | 8.9 % | -27.1 % | -22.8 % | -30.8 % |
Economic value added (EVA) | 217.19 | 393.48 | -3 280.91 | -2 738.19 | -3 299.61 |
Solvency | |||||
Equity ratio | 9.7 % | 19.3 % | 3.7 % | -11.1 % | 35.0 % |
Gearing | 374.4 % | 252.7 % | 1814.7 % | -675.7 % | 97.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.8 | 0.4 | 0.4 | 0.7 |
Current ratio | 1.1 | 1.3 | 1.1 | 0.9 | 1.6 |
Cash and cash equivalents | 325.22 | 13.59 | 178.83 | 215.15 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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