DINEX EMISSION HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DINEX EMISSION HOLDING A/S
DINEX EMISSION HOLDING A/S (CVR number: 17084941) is a company from MIDDELFART. The company recorded a gross profit of 3956 kDKK in 2023. The operating profit was 2608 kDKK, while net earnings were 18.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DINEX EMISSION HOLDING A/S's liquidity measured by quick ratio was 2.2 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 | 4 776.00 | 3 754.00 | 3 559.00 | 3 676.00 | 3 956.00 |
EBIT | 3 836.00 | 2 814.00 | 2 241.00 | 2 328.00 | 2 608.00 |
Net earnings | 55 571.00 | 57 366.00 | 79 150.00 | 24 713.00 | 18 201.00 |
Shareholders equity total | 335 615.00 | 374 452.00 | 445 467.00 | 456 213.00 | 455 740.00 |
Balance sheet total (assets) | 447 665.00 | 483 877.00 | 537 943.00 | 510 615.00 | 491 565.00 |
Net debt | 69 014.00 | 12 583.00 | -5 027.00 | -19 131.00 | -35 794.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.1 % | 12.9 % | 16.9 % | 8.4 % | 6.0 % |
ROE | 17.9 % | 16.2 % | 19.3 % | 5.5 % | 4.0 % |
ROI | 13.3 % | 13.0 % | 16.9 % | 8.4 % | 6.0 % |
Economic value added (EVA) | 3 767.96 | 2 654.81 | 323.73 | -5 148.26 | -3 502.90 |
Solvency | |||||
Equity ratio | 75.0 % | 77.4 % | 82.8 % | 89.3 % | 92.7 % |
Gearing | 32.1 % | 28.5 % | 20.7 % | 11.9 % | 7.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.9 | 1.7 | 1.6 | 2.2 |
Current ratio | 0.3 | 0.9 | 1.7 | 1.6 | 2.2 |
Cash and cash equivalents | 38 777.00 | 94 031.00 | 97 107.00 | 73 457.00 | 71 508.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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