DAN DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 10697433
Lille Vibyvej 21, Lille Viby 5300 Kerteminde
tel: 65325036

Credit rating

Company information

Official name
DAN DEVELOPMENT ApS
Established
1987
Domicile
Lille Viby
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DAN DEVELOPMENT ApS

DAN DEVELOPMENT ApS (CVR number: 10697433) is a company from KERTEMINDE. The company recorded a gross profit of 1939.7 kDKK in 2023. The operating profit was 1551.2 kDKK, while net earnings were 1075.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 39.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41 %, 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. DAN DEVELOPMENT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 085.351 070.131 121.881 424.681 939.65
EBIT915.76900.55952.2967.151 551.23
Net earnings654.06606.82694.76- 218.711 075.23
Shareholders equity total2 608.652 715.472 910.232 191.513 266.74
Balance sheet total (assets)7 918.287 642.977 647.407 356.167 958.46
Net debt3 548.743 273.512 924.893 141.401 923.84
Profitability
EBIT-%
ROA11.4 %11.6 %12.5 %0.9 %20.3 %
ROE25.8 %22.8 %24.7 %-8.6 %39.4 %
ROI11.9 %12.1 %13.0 %1.0 %22.9 %
Economic value added (EVA)443.16439.90501.65- 155.721 021.56
Solvency
Equity ratio32.9 %35.5 %38.1 %29.8 %41.0 %
Gearing169.0 %148.3 %131.5 %165.2 %100.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.50.20.7
Current ratio0.60.50.50.20.7
Cash and cash equivalents860.08754.36903.37478.431 372.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:20.3%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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