Dansk Coating Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Dansk Coating Service ApS
Dansk Coating Service ApS (CVR number: 38747339) is a company from VEJLE. The company recorded a gross profit of 345.4 kDKK in 2024. The operating profit was -65.4 kDKK, while net earnings were -48.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.2 %, 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. Dansk Coating Service ApS's liquidity measured by quick ratio was 2.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 494.99 | 644.78 | 353.09 | 461.18 | 345.42 |
| EBIT | 270.22 | 192.34 | -89.97 | -15.38 | -65.36 |
| Net earnings | 209.55 | 149.51 | -61.43 | -13.61 | -48.60 |
| Shareholders equity total | 922.72 | 1 072.23 | 857.39 | 843.78 | 595.18 |
| Balance sheet total (assets) | 1 155.86 | 1 278.12 | 1 071.53 | 985.76 | 885.77 |
| Net debt | - 291.14 | - 231.71 | - 395.51 | - 473.95 | - 160.53 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.1 % | 16.1 % | -7.6 % | -1.4 % | -5.7 % |
| ROE | 25.6 % | 15.0 % | -6.4 % | -1.6 % | -6.8 % |
| ROI | 27.6 % | 17.6 % | -8.3 % | -1.5 % | -6.2 % |
| Economic value added (EVA) | 161.45 | 97.91 | - 119.56 | -61.77 | -99.45 |
| Solvency | |||||
| Equity ratio | 79.8 % | 83.9 % | 80.0 % | 85.6 % | 67.2 % |
| Gearing | 0.4 % | 0.2 % | 0.9 % | 0.5 % | 21.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.0 | 7.0 | 4.3 | 10.2 | 2.8 |
| Current ratio | 5.0 | 7.0 | 4.3 | 10.2 | 2.8 |
| Cash and cash equivalents | 294.69 | 233.36 | 402.80 | 478.24 | 286.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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