DANSK SNEKÆDEFABRIK ApS — Credit Rating and Financial Key Figures

CVR number: 73458528
Svendborgvej 64, Ollerup 5762 Vester Skerninge
salg@snekaeder.dk
tel: 62241391

Credit rating

Company information

Official name
DANSK SNEKÆDEFABRIK ApS
Established
1983
Domicile
Ollerup
Company form
Private limited company
Industry
  • Expand more icon29Manufacture of motor vehicles, trailers and semi-trailers

About DANSK SNEKÆDEFABRIK ApS

DANSK SNEKÆDEFABRIK ApS (CVR number: 73458528) is a company from SVENDBORG. The company recorded a gross profit of 36.6 kDKK in 2023. The operating profit was 35.3 kDKK, while net earnings were 361.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 82 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16 %, 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 SNEKÆDEFABRIK ApS's liquidity measured by quick ratio was 1.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.3911.3638.77255.9336.60
EBIT-48.52-40.448.63243.3435.26
Net earnings340.45424.15-75.52114.71361.45
Shareholders equity total7 951.49220.64145.12259.82621.28
Balance sheet total (assets)8 079.04927.723 821.543 408.273 878.28
Net debt-6 538.53- 177.53-46.51- 205.59- 697.88
Profitability
EBIT-%
ROA9.8 %16.3 %2.4 %12.7 %16.6 %
ROE4.4 %10.4 %-41.3 %56.7 %82.0 %
ROI9.9 %16.9 %2.6 %13.7 %18.6 %
Economic value added (EVA)- 119.97- 102.1529.97359.04165.41
Solvency
Equity ratio98.4 %23.8 %3.8 %7.6 %16.0 %
Gearing0.1 %228.1 %2417.9 %1077.3 %456.8 %
Relative net indebtedness %
Liquidity
Quick ratio61.21.01.01.01.1
Current ratio62.71.31.01.11.2
Cash and cash equivalents6 545.61680.883 555.363 004.713 535.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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