K/S DANSKIB 86 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S DANSKIB 86
K/S DANSKIB 86 (CVR number: 35650504) is a company from KØBENHAVN. The company reported a net sales of 30.7 mDKK in 2023, demonstrating a decline of -46.8 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0.4 mDKK), while net earnings were -2707.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.9 %, 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. K/S DANSKIB 86's liquidity measured by quick ratio was 4 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 | 20.25 | 12.42 | 42.88 | 57.75 | 30.72 |
Gross profit | 5.95 | -1.69 | 28.06 | 38.80 | 11.05 |
EBIT | 4.24 | -17.07 | 61.60 | 37.69 | 0.38 |
Net earnings | -2.60 | -13.96 | 54.33 | 31.95 | -2.71 |
Shareholders equity total | 39.22 | 25.26 | 74.35 | 95.79 | 86.92 |
Balance sheet total (assets) | 108.57 | 91.40 | 129.15 | 145.58 | 131.80 |
Net debt | 62.19 | 63.19 | 48.48 | 38.00 | 34.38 |
Profitability | |||||
EBIT-% | 20.9 % | -137.4 % | 143.7 % | 65.3 % | 1.2 % |
ROA | 4.1 % | -10.4 % | 56.3 % | 28.0 % | 1.6 % |
ROE | -6.4 % | -43.3 % | 109.1 % | 37.6 % | -3.0 % |
ROI | 4.1 % | -10.5 % | 56.8 % | 28.2 % | 1.6 % |
Economic value added (EVA) | -0.75 | -21.81 | 57.93 | 31.82 | -6.09 |
Solvency | |||||
Equity ratio | 36.1 % | 27.6 % | 57.6 % | 65.8 % | 65.9 % |
Gearing | 172.7 % | 257.1 % | 72.4 % | 51.2 % | 50.6 % |
Relative net indebtedness % | 315.2 % | 518.4 % | 115.3 % | 67.0 % | 114.8 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.2 | 1.1 | 4.6 | 4.0 |
Current ratio | 1.0 | 0.2 | 1.1 | 4.6 | 4.0 |
Cash and cash equivalents | 5.52 | 1.75 | 5.37 | 11.07 | 9.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.2 | 3.1 | 4.0 | ||
Net working capital % | -1.0 % | -103.4 % | 2.1 % | 34.3 % | 54.3 % |
Credit risk | |||||
Credit rating | A | BBB | A | AA | A |
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