DANSKE FRAGTMÆND A/S
Credit rating
Company information
About DANSKE FRAGTMÆND A/S
DANSKE FRAGTMÆND A/S (CVR number: 30611756K) is a company from AARHUS. The company reported a net sales of 2852.2 mDKK in 2018, demonstrating a growth of 8 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 76.1 mDKK), while net earnings were 66.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANSKE FRAGTMÆND A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 2 623.10 | 2 642.10 | 2 852.21 |
Gross profit | 454.34 | 462.89 | 517.82 |
EBIT | 32.12 | 20.44 | 76.14 |
Net earnings | 29.43 | 23.12 | 66.65 |
Shareholders equity total | 445.35 | 432.47 | 499.12 |
Balance sheet total (assets) | 1 108.51 | 1 186.00 | 1 246.42 |
Net debt | 424.08 | 476.98 | 462.89 |
Profitability | |||
EBIT-% | 1.2 % | 0.8 % | 2.7 % |
ROA | 4.8 % | 3.9 % | 8.4 % |
ROE | 6.6 % | 5.3 % | 14.3 % |
ROI | 6.1 % | 5.0 % | 10.8 % |
Economic value added (EVA) | 23.82 | -2.18 | 44.57 |
Solvency | |||
Equity ratio | 40.2 % | 36.5 % | 40.0 % |
Gearing | 95.3 % | 112.2 % | 92.8 % |
Relative net indebtedness % | 25.3 % | 28.2 % | 26.2 % |
Liquidity | |||
Quick ratio | 1.5 | 1.4 | 1.5 |
Current ratio | 1.5 | 1.4 | 1.5 |
Cash and cash equivalents | 0.17 | 8.10 | 0.22 |
Capital use efficiency | |||
Trade debtors turnover (days) | 42.0 | 44.8 | 49.2 |
Net working capital % | 12.4 % | 11.9 % | 13.6 % |
Credit risk | |||
Credit rating | A | A | A |
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