DANSK INDUSTRI RENS HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK INDUSTRI RENS HOLDING A/S
DANSK INDUSTRI RENS HOLDING A/S (CVR number: 13421692) is a company from MIDDELFART. The company recorded a gross profit of -57.6 kDKK in 2023. The operating profit was -157.5 kDKK, while net earnings were -53.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.8 %, 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. DANSK INDUSTRI RENS HOLDING A/S's liquidity measured by quick ratio was 1.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 450.74 | - 310.37 | -36.88 | -39.61 | -57.64 |
EBIT | - 602.90 | - 322.07 | -48.06 | -50.79 | - 157.50 |
Net earnings | 617.22 | 2 390.11 | -2 070.09 | 2 421.60 | -53.54 |
Shareholders equity total | 12 031.45 | 14 229.13 | 11 966.60 | 14 159.40 | 13 877.82 |
Balance sheet total (assets) | 17 017.45 | 19 467.19 | 16 776.93 | 18 439.97 | 17 848.96 |
Net debt | 1 505.56 | 99.69 | 449.90 | -2 067.64 | -1 584.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | 15.0 % | -5.3 % | 16.4 % | 1.8 % |
ROE | 5.2 % | 18.2 % | -15.8 % | 18.5 % | -0.4 % |
ROI | 5.3 % | 15.1 % | -5.3 % | 16.6 % | 1.8 % |
Economic value added (EVA) | 50.56 | - 372.20 | -45.52 | -25.54 | -32.48 |
Solvency | |||||
Equity ratio | 70.7 % | 73.1 % | 71.3 % | 76.8 % | 77.8 % |
Gearing | 41.1 % | 36.5 % | 39.9 % | 28.0 % | 27.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 1.6 | 1.8 | 1.8 |
Current ratio | 1.6 | 1.8 | 1.6 | 1.8 | 1.8 |
Cash and cash equivalents | 3 444.89 | 5 100.80 | 4 323.52 | 6 036.75 | 5 404.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | BBB | AA | A |
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