DANSK EJENDOM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK EJENDOM A/S
DANSK EJENDOM A/S (CVR number: 21292575) is a company from HOLSTEBRO. The company recorded a gross profit of -2486.9 kDKK in 2023. The operating profit was -3974.3 kDKK, while net earnings were -6599 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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 EJENDOM A/S's liquidity measured by quick ratio was 5.8 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 | -1 211.19 | -3 037.13 | -6 473.41 | -8 351.82 | -2 486.91 |
EBIT | -2 809.63 | -4 625.93 | -8 524.37 | -10 482.75 | -3 974.29 |
Net earnings | -3 959.04 | -4 859.72 | -6 749.11 | 9 450.44 | -6 599.03 |
Shareholders equity total | 29 992.07 | 25 132.35 | 18 383.25 | 27 833.68 | 20 634.65 |
Balance sheet total (assets) | 93 235.01 | 89 100.77 | 104 984.01 | 50 708.39 | 29 858.05 |
Net debt | 53 345.68 | 54 675.22 | 38 806.06 | -12 507.63 | 1 459.59 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.0 % | -5.0 % | -8.6 % | 14.6 % | -9.7 % |
ROE | -12.4 % | -17.6 % | -31.0 % | 40.9 % | -27.2 % |
ROI | -3.4 % | -5.2 % | -9.2 % | 16.9 % | -12.2 % |
Economic value added (EVA) | -5 581.43 | -6 729.06 | -9 065.50 | -8 160.10 | -3 560.09 |
Solvency | |||||
Equity ratio | 32.2 % | 28.2 % | 17.5 % | 54.9 % | 69.1 % |
Gearing | 187.4 % | 222.3 % | 433.2 % | 26.3 % | 34.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.1 | 1.1 | 2.1 | 5.8 |
Current ratio | 1.3 | 1.1 | 1.1 | 2.2 | 6.5 |
Cash and cash equivalents | 2 854.09 | 1 204.02 | 40 830.67 | 19 828.59 | 5 738.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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