DANSK TRÆEMBALLAGE HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26815878
Banevej 3, Håstrup 5600 Faaborg
dte@dte.dk
tel: 62681323

Credit rating

Company information

Official name
DANSK TRÆEMBALLAGE HOLDING A/S
Established
2002
Domicile
Håstrup
Company form
Limited company
Industry

About DANSK TRÆEMBALLAGE HOLDING A/S

DANSK TRÆEMBALLAGE HOLDING A/S (CVR number: 26815878K) is a company from FAABORG-MIDTFYN. The company reported a net sales of 1244.8 mDKK in 2024, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 7.9 % (EBIT: 98.4 mDKK), while net earnings were 76.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. DANSK TRÆEMBALLAGE HOLDING 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales970.981 373.821 671.431 261.001 244.78
Gross profit208.18399.04502.35278.09231.97
EBIT103.86280.63370.14148.6998.44
Net earnings75.72219.81291.89106.6976.25
Shareholders equity total244.09448.71626.37618.29581.56
Balance sheet total (assets)705.30800.54864.55840.09914.52
Net debt228.59114.13-13.266.86145.45
Profitability
EBIT-%10.7 %20.4 %22.1 %11.8 %7.9 %
ROA15.2 %38.3 %45.7 %19.0 %12.1 %
ROE33.7 %104.1 %90.5 %28.5 %21.0 %
ROI18.6 %47.6 %55.5 %22.9 %14.4 %
Economic value added (EVA)47.25190.15255.7369.4940.27
Solvency
Equity ratio34.6 %56.1 %72.5 %73.6 %63.6 %
Gearing109.3 %34.6 %7.8 %5.5 %27.2 %
Relative net indebtedness %41.5 %21.1 %9.2 %12.8 %23.2 %
Liquidity
Quick ratio1.41.92.01.60.9
Current ratio2.33.13.32.71.6
Cash and cash equivalents38.2841.1062.3027.2012.91
Capital use efficiency
Trade debtors turnover (days)61.768.852.359.763.6
Net working capital %20.9 %24.9 %22.3 %21.8 %13.0 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer

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