DAN-GRIT A/S — Credit Rating and Financial Key Figures

CVR number: 88086228
Forumvej 83, Alslev 6800 Varde
tel: 75269617
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Credit rating

Company information

Official name
DAN-GRIT A/S
Personnel
13 persons
Established
1979
Domicile
Alslev
Company form
Limited company
Industry

About DAN-GRIT A/S

DAN-GRIT A/S (CVR number: 88086228) is a company from VARDE. The company recorded a gross profit of 2576.4 kDKK in 2023. The operating profit was -7370.4 kDKK, while net earnings were -5720.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.3 %, which can be considered poor and Return on Equity (ROE) was -41.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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. DAN-GRIT A/S's liquidity measured by quick ratio was 2.5 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 profit40 555.0037 516.5242 424.8628 508.082 576.40
EBIT28 074.5623 596.4129 114.4915 174.08-7 370.45
Net earnings22 056.9818 414.3922 688.9211 878.42-5 720.77
Shareholders equity total22 833.353 947.7426 636.6618 515.088 794.31
Balance sheet total (assets)64 115.5021 121.3440 999.6026 186.6112 514.24
Net debt6 610.994 516.94-8 204.11-6 005.71- 601.04
Profitability
EBIT-%
ROA54.0 %56.3 %93.9 %45.5 %-37.3 %
ROE101.2 %137.5 %148.4 %52.6 %-41.9 %
ROI72.7 %81.9 %149.8 %62.4 %-51.1 %
Economic value added (EVA)21 125.4318 281.0422 518.2011 095.73-6 372.67
Solvency
Equity ratio35.6 %18.7 %65.0 %70.7 %70.3 %
Gearing118.6 %118.6 %13.7 %0.8 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.64.74.92.5
Current ratio1.81.75.15.83.1
Cash and cash equivalents20 460.15165.1411 866.056 153.011 305.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-37.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.3%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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