DOKKA FASTENERS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DOKKA FASTENERS A/S
DOKKA FASTENERS A/S (CVR number: 32899110) is a company from IKAST-BRANDE. The company reported a net sales of 228 mDKK in 2023, demonstrating a decline of -8.9 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 5.5 mDKK), while net earnings were 3196.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DOKKA FASTENERS A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 350.42 | 252.23 | 243.89 | 250.25 | 227.99 |
Gross profit | 34.01 | 28.11 | 22.43 | 23.56 | 18.07 |
EBIT | 34.01 | 28.11 | 22.43 | 6.64 | 5.49 |
Net earnings | 2.85 | 2.39 | 3.00 | 4.10 | 3.20 |
Shareholders equity total | 26.18 | 28.57 | 31.57 | 35.67 | 38.87 |
Balance sheet total (assets) | 99.40 | 71.08 | 75.11 | 94.35 | 66.32 |
Net debt | 47.89 | 19.16 | |||
Profitability | |||||
EBIT-% | 9.7 % | 11.1 % | 9.2 % | 2.7 % | 2.4 % |
ROA | 27.4 % | 33.0 % | 30.7 % | 7.8 % | 7.0 % |
ROE | 11.5 % | 8.7 % | 10.0 % | 12.2 % | 8.6 % |
ROI | 28.9 % | 33.0 % | 30.7 % | 8.4 % | 7.9 % |
Economic value added (EVA) | 32.88 | 26.79 | 20.99 | 3.59 | 2.48 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 37.8 % | 58.6 % |
Gearing | 134.3 % | 49.3 % | |||
Relative net indebtedness % | 23.4 % | 12.0 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.7 | |||
Current ratio | 1.6 | 2.4 | |||
Cash and cash equivalents | 0.01 | 0.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 58.8 | 62.6 | |||
Net working capital % | 13.4 % | 16.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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