DULONG HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 21867837
Tuborg Sundpark 9, 2900 Hellerup
henning@dulong.dk
tel: 35437525
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Company information

Official name
DULONG HOLDING A/S
Established
1999
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings176.441 014.64346.56575.071 848.84
Shareholders equity total5 422.946 417.576 744.137 319.209 168.04
Balance sheet total (assets)8 955.999 255.718 785.219 445.9311 680.20
Net debt-8 948.37-6 690.44-6 807.42-7 432.31-9 632.80
Profitability
EBIT-%
ROA4.1 %15.2 %5.6 %8.6 %23.0 %
ROE3.3 %17.1 %5.3 %8.2 %22.4 %
ROI6.8 %19.2 %5.7 %8.7 %23.7 %
Economic value added (EVA)68.3798.2121.5033.7033.39
Solvency
Equity ratio60.6 %69.3 %76.8 %77.5 %78.5 %
Gearing39.7 %29.2 %27.4 %22.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.53.34.44.75.8
Current ratio2.53.34.44.75.8
Cash and cash equivalents8 948.379 240.948 773.859 437.9811 649.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:23.0%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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