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DULONG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DULONG HOLDING A/S
DULONG HOLDING A/S (CVR number: 21867837) is a company from GENTOFTE. The company recorded a gross profit of -97.1 kDKK in 2024. The operating profit was -100.5 kDKK, while net earnings were -1949.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -24 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. DULONG HOLDING A/S's liquidity measured by quick ratio was 4.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -98.94 | - 150.91 | -84.14 | -90.29 | -97.09 |
| EBIT | - 101.21 | - 154.32 | -87.55 | -93.69 | - 100.50 |
| Net earnings | 1 014.64 | 346.56 | 575.07 | 1 848.84 | -1 949.20 |
| Shareholders equity total | 6 417.57 | 6 744.13 | 7 319.20 | 9 168.04 | 7 096.83 |
| Balance sheet total (assets) | 9 255.71 | 8 785.21 | 9 445.93 | 11 680.20 | 9 303.11 |
| Net debt | -6 690.44 | -6 807.42 | -7 432.31 | -9 632.80 | -6 497.62 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.2 % | 5.6 % | 8.6 % | 23.0 % | 2.0 % |
| ROE | 17.1 % | 5.3 % | 8.2 % | 22.4 % | -24.0 % |
| ROI | 19.2 % | 5.7 % | 8.7 % | 23.7 % | 2.1 % |
| Economic value added (EVA) | - 351.45 | - 571.04 | - 506.12 | - 541.74 | - 640.55 |
| Solvency | |||||
| Equity ratio | 69.3 % | 76.8 % | 77.5 % | 78.5 % | 76.3 % |
| Gearing | 39.7 % | 29.2 % | 27.4 % | 22.0 % | 30.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.3 | 4.4 | 4.7 | 5.8 | 4.2 |
| Current ratio | 3.3 | 4.4 | 4.7 | 5.8 | 4.2 |
| Cash and cash equivalents | 9 240.94 | 8 773.85 | 9 437.98 | 11 649.50 | 8 690.87 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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