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
12 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 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit37 516.5242 424.8628 508.082 576.406 073.79
EBIT23 596.4129 114.4915 174.08-7 370.45-2 550.77
Net earnings18 414.3922 688.9211 878.42-5 720.77-1 900.85
Shareholders equity total3 947.7426 636.6618 515.088 794.316 893.46
Balance sheet total (assets)21 121.3440 999.6026 186.6112 514.2410 324.58
Net debt4 516.94-8 204.11-6 005.71- 601.04- 363.24
Profitability
EBIT-%
ROA56.3 %93.9 %45.5 %-37.3 %-21.4 %
ROE137.5 %148.4 %52.6 %-41.9 %-24.2 %
ROI81.9 %149.8 %62.4 %-51.1 %-29.2 %
Economic value added (EVA)15 892.3422 274.1710 314.30-6 690.61-2 463.28
Solvency
Equity ratio18.7 %65.0 %70.7 %70.3 %66.8 %
Gearing118.6 %13.7 %0.8 %8.0 %4.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.64.74.92.52.1
Current ratio1.75.15.83.12.7
Cash and cash equivalents165.1411 866.056 153.011 305.59660.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-21.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-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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