DAN CAKE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN CAKE A/S
DAN CAKE A/S (CVR number: 75206119K) is a company from VEJLE. The company reported a net sales of 1837.2 mDKK in 2024, demonstrating a growth of 9.9 % compared to the previous year. The operating profit percentage was at 9.8 % (EBIT: 180.7 mDKK), while net earnings were 160.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74 %, 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. DAN CAKE A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 672 268.00 | 1 837 193.00 | |||
Gross profit | 479 044.00 | 492 968.00 | |||
EBIT | 197 348.00 | 180 698.00 | |||
Net earnings | 166 233.00 | 160 775.00 | |||
Shareholders equity total | 887 807.00 | 1 025 430.00 | |||
Balance sheet total (assets) | 1 251 804.00 | 1 386 340.00 | |||
Net debt | -58 886.00 | - 180 443.00 | |||
Profitability | |||||
EBIT-% | 11.8 % | 9.8 % | |||
ROA | 17.1 % | 15.3 % | |||
ROE | 18.7 % | 16.8 % | |||
ROI | 21.7 % | 19.3 % | |||
Economic value added (EVA) | 157 165.00 | 95 491.69 | |||
Solvency | |||||
Equity ratio | 70.9 % | 74.0 % | |||
Gearing | 9.8 % | 6.2 % | |||
Relative net indebtedness % | 12.1 % | 5.9 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.8 | |||
Current ratio | 1.9 | 2.1 | |||
Cash and cash equivalents | 146 135.00 | 243 607.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.5 | 41.1 | |||
Net working capital % | 16.7 % | 20.4 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | AAA | AAA |
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