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: 75206119) is a company from VEJLE. The company reported a net sales of 522.4 mDKK in 2023, demonstrating a growth of 19.5 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 58.8 mDKK), while net earnings were 166.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DAN CAKE A/S's liquidity measured by quick ratio was 2.2 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 financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 437 062.00 | 522 390.00 | |
Gross profit | 121 490.00 | 169 767.00 | |
EBIT | 19 175.00 | 58 788.00 | |
Net earnings | 95 172.65 | 166 233.45 | |
Shareholders equity total | 701 854.77 | 887 807.23 | |
Balance sheet total (assets) | 777 581.77 | 964 838.87 | |
Net debt | -5 099.00 | -41 293.00 | |
Profitability | |||
EBIT-% | 4.4 % | 11.3 % | |
ROA | 12.9 % | 20.7 % | |
ROE | 13.6 % | 20.9 % | |
ROI | 13.7 % | 21.9 % | |
Economic value added (EVA) | 5 679.71 | 14 952.97 | 57 753.24 |
Solvency | |||
Equity ratio | 90.3 % | 92.0 % | |
Gearing | 3.7 % | 2.5 % | |
Relative net indebtedness % | 8.6 % | 1.6 % | |
Liquidity | |||
Quick ratio | 1.7 | 2.2 | |
Current ratio | 2.8 | 3.2 | |
Cash and cash equivalents | 31 354.00 | 63 302.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 25.0 | 18.5 | |
Net working capital % | 19.7 % | 23.5 % | |
Credit risk | |||
Credit rating | AAA | AAA |
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