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 570.7 mDKK in 2024, demonstrating a growth of 9.3 % compared to the previous year. The operating profit percentage was at 10.6 % (EBIT: 60.7 mDKK), while net earnings were 160.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, 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 93.4 %, 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 2.6 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 financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 522 390.00 | 570 729.00 |
Gross profit | 171 303.00 | 188 560.00 |
EBIT | 58 788.00 | 60 670.00 |
Net earnings | 166 233.00 | 160 775.00 |
Shareholders equity total | 887 807.00 | 1 025 430.00 |
Balance sheet total (assets) | 964 839.00 | 1 098 444.00 |
Net debt | -41 293.00 | -68 497.00 |
Profitability | ||
EBIT-% | 11.3 % | 10.6 % |
ROA | 18.7 % | 17.1 % |
ROE | 18.7 % | 16.8 % |
ROI | 19.7 % | 18.0 % |
Economic value added (EVA) | 45 766.35 | 1 134.26 |
Solvency | ||
Equity ratio | 92.0 % | 93.4 % |
Gearing | 2.5 % | 1.6 % |
Relative net indebtedness % | 1.6 % | -2.7 % |
Liquidity | ||
Quick ratio | 2.2 | 2.6 |
Current ratio | 3.2 | 3.6 |
Cash and cash equivalents | 63 302.00 | 84 757.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 18.5 | 28.0 |
Net working capital % | 23.5 % | 26.8 % |
Credit risk | ||
Credit rating | AAA | AA |
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