DAN-GRIT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN-GRIT A/S
DAN-GRIT A/S (CVR number: 88086228) is a company from VARDE. The company recorded a gross profit of 6073.8 kDKK in 2024. The operating profit was -2550.8 kDKK, while net earnings were -1900.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.4 %, which can be considered poor and Return on Equity (ROE) was -24.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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 2.1 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 | 37 516.52 | 42 424.86 | 28 508.08 | 2 576.40 | 6 073.79 |
| EBIT | 23 596.41 | 29 114.49 | 15 174.08 | -7 370.45 | -2 550.77 |
| Net earnings | 18 414.39 | 22 688.92 | 11 878.42 | -5 720.77 | -1 900.85 |
| Shareholders equity total | 3 947.74 | 26 636.66 | 18 515.08 | 8 794.31 | 6 893.46 |
| Balance sheet total (assets) | 21 121.34 | 40 999.60 | 26 186.61 | 12 514.24 | 10 324.58 |
| Net debt | 4 516.94 | -8 204.11 | -6 005.71 | - 601.04 | - 363.24 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 56.3 % | 93.9 % | 45.5 % | -37.3 % | -21.4 % |
| ROE | 137.5 % | 148.4 % | 52.6 % | -41.9 % | -24.2 % |
| ROI | 81.9 % | 149.8 % | 62.4 % | -51.1 % | -29.2 % |
| Economic value added (EVA) | 15 892.34 | 22 274.17 | 10 314.30 | -6 690.61 | -2 463.28 |
| Solvency | |||||
| Equity ratio | 18.7 % | 65.0 % | 70.7 % | 70.3 % | 66.8 % |
| Gearing | 118.6 % | 13.7 % | 0.8 % | 8.0 % | 4.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 4.7 | 4.9 | 2.5 | 2.1 |
| Current ratio | 1.7 | 5.1 | 5.8 | 3.1 | 2.7 |
| Cash and cash equivalents | 165.14 | 11 866.05 | 6 153.01 | 1 305.59 | 660.19 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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