Danish Global ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danish Global ApS
Danish Global ApS (CVR number: 37420263) is a company from RINGSTED. The company recorded a gross profit of 158.5 kDKK in 2024. The operating profit was -20.9 kDKK, while net earnings were -18.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. Danish Global ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7.46 | 63.43 | -83.79 | 107.81 | 158.47 |
EBIT | -5.17 | 63.43 | - 123.79 | 107.81 | -20.86 |
Net earnings | -5.20 | 53.73 | -97.42 | 86.18 | -18.08 |
Shareholders equity total | 52.78 | 106.51 | 9.08 | 95.27 | 77.19 |
Balance sheet total (assets) | 77.64 | 146.96 | 109.00 | 207.24 | 207.51 |
Net debt | -7.61 | -45.12 | 10.29 | -3.91 | 34.41 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.0 % | 58.7 % | -96.2 % | 70.3 % | -10.1 % |
ROE | -9.4 % | 67.5 % | -168.6 % | 165.2 % | -21.0 % |
ROI | -8.2 % | 71.2 % | -169.9 % | 111.3 % | -13.0 % |
Economic value added (EVA) | -8.29 | 48.90 | - 103.99 | 82.58 | -25.46 |
Solvency | |||||
Equity ratio | 68.0 % | 72.5 % | 8.3 % | 46.0 % | 37.2 % |
Gearing | 22.0 % | 13.6 % | 164.0 % | 84.3 % | 86.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 3.6 | 1.1 | 1.9 | 1.4 |
Current ratio | 3.1 | 3.6 | 1.1 | 1.9 | 1.6 |
Cash and cash equivalents | 19.20 | 59.58 | 4.61 | 84.24 | 32.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
Variable visualization
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