Damgaard Metal A/S — Credit Rating and Financial Key Figures

CVR number: 18540576
Birkegårdsvej 26, 8361 Hasselager
mail@damgaard.as
tel: 86282424
www.damgaardmetal.dk

Credit rating

Company information

Official name
Damgaard Metal A/S
Personnel
52 persons
Established
1995
Company form
Limited company
Industry

About Damgaard Metal A/S

Damgaard Metal A/S (CVR number: 18540576) is a company from AARHUS. The company recorded a gross profit of 36.1 mDKK in 2024. The operating profit was -12.8 mDKK, while net earnings were -15.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -21.7 %, which can be considered poor and Return on Equity (ROE) was -97.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Damgaard Metal A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2023
2024
Volume
Net sales
Gross profit38 869.0036 094.00
EBIT-3 360.00-12 788.00
Net earnings-7 610.00-15 781.00
Shareholders equity total24 061.008 288.00
Balance sheet total (assets)79 115.0065 780.00
Net debt31 322.0031 430.00
Profitability
EBIT-%
ROA-6.8 %-21.7 %
ROE-31.6 %-97.6 %
ROI-8.4 %-28.1 %
Economic value added (EVA)-2 684.75-13 337.23
Solvency
Equity ratio30.4 %12.6 %
Gearing130.7 %387.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.2
Current ratio1.00.7
Cash and cash equivalents114.00699.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-21.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.6%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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