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 -90.3 kDKK in 2023. The operating profit was -93.7 kDKK, while net earnings were 1848.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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 5.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 137.11 | -98.94 | - 150.91 | -84.14 | -90.29 |
EBIT | - 137.11 | - 101.21 | - 154.32 | -87.55 | -93.69 |
Net earnings | 176.44 | 1 014.64 | 346.56 | 575.07 | 1 848.84 |
Shareholders equity total | 5 422.94 | 6 417.57 | 6 744.13 | 7 319.20 | 9 168.04 |
Balance sheet total (assets) | 8 955.99 | 9 255.71 | 8 785.21 | 9 445.93 | 11 680.20 |
Net debt | -8 948.37 | -6 690.44 | -6 807.42 | -7 432.31 | -9 632.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 15.2 % | 5.6 % | 8.6 % | 23.0 % |
ROE | 3.3 % | 17.1 % | 5.3 % | 8.2 % | 22.4 % |
ROI | 6.8 % | 19.2 % | 5.7 % | 8.7 % | 23.7 % |
Economic value added (EVA) | 68.37 | 98.21 | 21.50 | 33.70 | 33.39 |
Solvency | |||||
Equity ratio | 60.6 % | 69.3 % | 76.8 % | 77.5 % | 78.5 % |
Gearing | 39.7 % | 29.2 % | 27.4 % | 22.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 3.3 | 4.4 | 4.7 | 5.8 |
Current ratio | 2.5 | 3.3 | 4.4 | 4.7 | 5.8 |
Cash and cash equivalents | 8 948.37 | 9 240.94 | 8 773.85 | 9 437.98 | 11 649.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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