Credit rating
Company information
About Draweco A/S
Draweco A/S (CVR number: 40488340) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 4647.9 kDKK in 2022. The operating profit was -1182.3 kDKK, while net earnings were -1410.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.4 %, which can be considered poor and Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Draweco A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 4 926.00 | 649.77 | 6 725.41 | 4 647.90 |
EBIT | 3 712.00 | -3 152.57 | 1 063.78 | -1 182.26 |
Net earnings | 2 870.00 | -2 443.29 | 712.11 | -1 410.87 |
Shareholders equity total | 2 910.00 | 467.11 | 1 179.22 | - 231.65 |
Balance sheet total (assets) | 6 998.00 | 6 439.07 | 10 979.71 | 7 257.74 |
Net debt | - 960.00 | 1 624.65 | 2 550.00 | 4 646.25 |
Profitability | ||||
EBIT-% | ||||
ROA | 53.0 % | -45.3 % | 13.5 % | -12.4 % |
ROE | 98.6 % | -144.7 % | 86.5 % | -33.4 % |
ROI | 99.7 % | -102.0 % | 37.1 % | -26.3 % |
Economic value added (EVA) | 2 891.03 | -2 560.61 | 807.78 | -1 192.83 |
Solvency | ||||
Equity ratio | 58.0 % | 11.0 % | 13.7 % | -3.1 % |
Gearing | 352.9 % | 216.2 % | -2005.7 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3.6 | 1.2 | 1.0 | 0.5 |
Current ratio | 1.6 | 0.8 | 0.9 | 0.7 |
Cash and cash equivalents | 960.00 | 24.00 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | B | BB | BB |
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