DHL EXPRESS (DENMARK) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DHL EXPRESS (DENMARK) A/S
DHL EXPRESS (DENMARK) A/S (CVR number: 10154596) is a company from VALLENSBÆK. The company reported a net sales of 1148.4 mDKK in 2023, demonstrating a decline of -9.2 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 56.2 mDKK), while net earnings were 116.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 27.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61 %, 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. DHL EXPRESS (DENMARK) A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 783.37 | 793.30 | 1 086.96 | 1 264.88 | 1 148.44 |
Gross profit | 393.56 | 261.79 | 300.16 | 348.97 | 360.67 |
EBIT | 36.05 | 31.68 | 36.73 | 53.56 | 56.21 |
Net earnings | 13.65 | 28.92 | 82.52 | 102.22 | 116.27 |
Shareholders equity total | 210.81 | 227.26 | 309.77 | 412.00 | 427.75 |
Balance sheet total (assets) | 648.86 | 464.30 | 581.16 | 640.16 | 659.25 |
Net debt | 28.26 | 75.06 | 83.91 | - 135.69 | -69.71 |
Profitability | |||||
EBIT-% | 2.0 % | 4.0 % | 3.4 % | 4.2 % | 4.9 % |
ROA | 5.3 % | 6.1 % | 17.7 % | 19.2 % | 20.7 % |
ROE | 6.7 % | 13.2 % | 30.7 % | 28.3 % | 27.7 % |
ROI | 9.5 % | 9.2 % | 21.8 % | 23.4 % | 24.9 % |
Economic value added (EVA) | 15.81 | 20.03 | 19.85 | 30.39 | 41.18 |
Solvency | |||||
Equity ratio | 32.5 % | 48.9 % | 53.3 % | 60.4 % | 61.0 % |
Gearing | 13.7 % | 33.1 % | 27.1 % | 19.1 % | 14.9 % |
Relative net indebtedness % | 24.3 % | 29.3 % | 24.5 % | 4.1 % | 11.5 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.8 | 1.8 | 2.1 | 1.6 |
Current ratio | 1.1 | 1.8 | 1.8 | 2.1 | 1.6 |
Cash and cash equivalents | 0.73 | 0.11 | 0.03 | 214.28 | 133.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.7 | 51.8 | 54.1 | 45.3 | 47.6 |
Net working capital % | 2.6 % | 17.0 % | 15.4 % | 15.3 % | 9.4 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AAA |
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