D.A.S. KARROSSERI A/S — Credit Rating and Financial Key Figures

CVR number: 11051677
Krondalvej 11, 2610 Rødovre

Company information

Official name
D.A.S. KARROSSERI A/S
Personnel
20 persons
Established
1987
Company form
Limited company
Industry

About D.A.S. KARROSSERI A/S

D.A.S. KARROSSERI A/S (CVR number: 11051677) is a company from RØDOVRE. The company recorded a gross profit of 16.6 mDKK in 2023. The operating profit was 3836.1 kDKK, while net earnings were 2512.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 79.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18 %, 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. D.A.S. KARROSSERI A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit12 963.4410 894.4210 529.6113 542.3916 647.32
EBIT-1 399.99- 328.2190.811 236.413 836.07
Net earnings-1 646.94- 439.61354.80367.832 512.75
Shareholders equity total1 710.041 270.431 553.131 920.964 433.71
Balance sheet total (assets)19 917.1120 591.4522 116.1625 760.9224 646.79
Net debt11 940.1410 700.6410 496.7911 047.8712 398.98
Profitability
EBIT-%
ROA-6.5 %-1.2 %1.0 %5.8 %15.8 %
ROE-59.2 %-29.5 %25.1 %21.2 %79.1 %
ROI-9.2 %-1.8 %1.7 %9.3 %22.7 %
Economic value added (EVA)-2 079.13- 957.54- 501.13209.342 312.16
Solvency
Equity ratio8.6 %6.2 %7.0 %7.5 %18.0 %
Gearing698.6 %938.6 %761.8 %750.7 %313.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.81.11.6
Current ratio0.70.80.91.31.9
Cash and cash equivalents5.951 223.801 335.573 372.461 500.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.0%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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