DANTEC DYNAMICS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANTEC DYNAMICS A/S
DANTEC DYNAMICS A/S (CVR number: 15107588K) is a company from BALLERUP. The company reported a net sales of 184.5 mDKK in 2023, demonstrating a growth of 15.3 % compared to the previous year. The operating profit percentage was at 6.5 % (EBIT: 12 mDKK), while net earnings were 7850 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. DANTEC DYNAMICS A/S's liquidity measured by quick ratio was 1.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 155.09 | 120.90 | 134.44 | 159.92 | 184.45 |
Gross profit | 58.53 | 59.31 | 68.75 | 83.52 | 100.57 |
EBIT | -8.54 | -7.16 | -2.97 | 2.27 | 12.00 |
Net earnings | -9.67 | -7.16 | -4.65 | -2.43 | 7.85 |
Shareholders equity total | 31.23 | 24.33 | 24.30 | 30.02 | 35.73 |
Balance sheet total (assets) | 103.11 | 88.34 | 98.12 | 109.82 | 124.76 |
Net debt | 14.31 | 10.39 | 9.38 | 24.41 | 25.46 |
Profitability | |||||
EBIT-% | -5.5 % | -5.9 % | -2.2 % | 1.4 % | 6.5 % |
ROA | -6.5 % | -6.6 % | -2.5 % | 3.0 % | 11.9 % |
ROE | -26.4 % | -25.8 % | -19.1 % | -9.0 % | 23.9 % |
ROI | -9.7 % | -9.7 % | -3.7 % | 4.3 % | 16.6 % |
Economic value added (EVA) | -10.15 | -7.34 | -3.10 | 3.02 | 7.25 |
Solvency | |||||
Equity ratio | 30.3 % | 27.9 % | 26.7 % | 29.1 % | 29.6 % |
Gearing | 92.3 % | 101.5 % | 140.7 % | 140.5 % | 144.1 % |
Relative net indebtedness % | 30.8 % | 34.0 % | 31.6 % | 36.1 % | 31.6 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.4 | 1.2 | 1.2 |
Current ratio | 1.6 | 1.7 | 1.6 | 1.5 | 1.4 |
Cash and cash equivalents | 14.52 | 14.29 | 24.82 | 17.78 | 26.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 98.2 | 107.7 | 90.8 | 100.6 | 90.5 |
Net working capital % | 20.6 % | 23.5 % | 22.0 % | 17.4 % | 15.5 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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