DECO GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 69974015
Bronzevej 8, 8940 Randers SV

Credit rating

Company information

Official name
DECO GROUP A/S
Personnel
164 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About DECO GROUP A/S

DECO GROUP A/S (CVR number: 69974015) is a company from RANDERS. The company recorded a gross profit of 98.5 mDKK in 2023. The operating profit was 25.9 mDKK, while net earnings were 20.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 39.1 %, which can be considered excellent and Return on Equity (ROE) was 48.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. DECO GROUP A/S's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit44 533.0062 621.0098 427.0086 621.3698 532.91
EBIT14 328.0023 866.0026 213.0010 714.7625 948.21
Net earnings11 277.0018 447.0020 384.008 594.9920 360.58
Shareholders equity total38 281.0056 728.0035 772.0039 366.5044 727.09
Balance sheet total (assets)56 011.0077 490.0073 302.0061 308.7376 779.34
Net debt-3 684.29-6 669.54
Profitability
EBIT-%
ROA27.5 %35.8 %34.8 %16.5 %39.1 %
ROE32.1 %38.8 %44.1 %22.9 %48.4 %
ROI27.5 %35.8 %34.8 %19.4 %63.2 %
Economic value added (EVA)12 719.8021 942.3823 362.426 551.8818 250.28
Solvency
Equity ratio100.0 %100.0 %100.0 %64.2 %58.3 %
Gearing3.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.5
Current ratio2.42.2
Cash and cash equivalents4 847.976 669.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:39.1%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

Companies in the same industry

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