DORNBRACHT NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 29812845
Galionsvej 33, 1437 København K
neel.ane.smed@acovis.com
tel: 57611820

Credit rating

Company information

Official name
DORNBRACHT NORDIC A/S
Personnel
7 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon749990

About DORNBRACHT NORDIC A/S

DORNBRACHT NORDIC A/S (CVR number: 29812845) is a company from KØBENHAVN. The company recorded a gross profit of 8791.2 kDKK in 2023. The operating profit was 634.2 kDKK, while net earnings were 426.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 43.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DORNBRACHT NORDIC 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 879.688 102.058 187.7311 253.018 791.24
EBIT622.91539.77578.57796.43634.15
Net earnings455.06399.68424.81539.22426.71
Shareholders equity total970.37920.05944.861 044.09930.80
Balance sheet total (assets)4 867.725 742.106 177.416 875.296 252.38
Net debt-1 081.291 030.811 942.832 429.181 177.66
Profitability
EBIT-%
ROA12.9 %10.2 %9.7 %12.2 %9.8 %
ROE47.8 %42.3 %45.6 %54.2 %43.2 %
ROI20.6 %18.4 %17.5 %19.9 %14.3 %
Economic value added (EVA)576.09512.79433.60548.10429.07
Solvency
Equity ratio19.9 %16.0 %15.3 %15.2 %14.9 %
Gearing198.7 %210.0 %285.1 %302.6 %394.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.21.21.2
Current ratio1.31.21.21.21.2
Cash and cash equivalents3 009.46900.89750.86730.182 493.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.76%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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