DANSK AVIS OMDELING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK AVIS OMDELING A/S
DANSK AVIS OMDELING A/S (CVR number: 26063892) is a company from VEJLE. The company reported a net sales of 895.5 mDKK in 2023, demonstrating a growth of 20.6 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 33.2 mDKK), while net earnings were 49.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANSK AVIS OMDELING A/S's liquidity measured by quick ratio was 1.5 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 | 538.44 | 707.35 | 742.57 | 895.47 | |
Gross profit | 300.66 | 331.01 | 281.02 | 326.80 | |
EBIT | 12.97 | 13.39 | -36.37 | 33.19 | |
Net earnings | 14.29 | 11.35 | -50.00 | 49.27 | |
Shareholders equity total | 49.04 | 60.39 | 181.46 | 230.12 | |
Balance sheet total (assets) | 172.69 | 196.24 | 346.84 | 430.05 | |
Net debt | -54.58 | -74.13 | 0.55 | -14.74 | |
Profitability | |||||
EBIT-% | 2.4 % | 1.9 % | -4.9 % | 3.7 % | |
ROA | 11.6 % | 8.3 % | -14.0 % | 15.6 % | |
ROE | 31.1 % | 20.7 % | -27.6 % | 23.9 % | |
ROI | 25.8 % | 19.0 % | -20.8 % | 24.1 % | |
Economic value added (EVA) | 11.64 | 12.42 | 1.49 | -28.42 | 21.33 |
Solvency | |||||
Equity ratio | 28.4 % | 30.8 % | 52.3 % | 57.6 % | |
Gearing | 69.2 % | 26.3 % | 28.1 % | 17.5 % | |
Relative net indebtedness % | 6.5 % | 6.5 % | 15.5 % | 16.2 % | |
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | 1.6 | 1.5 | |
Current ratio | 1.4 | 1.4 | 1.6 | 1.3 | |
Cash and cash equivalents | 88.51 | 90.03 | 50.36 | 54.98 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.6 | 40.7 | 41.5 | 52.9 | |
Net working capital % | -8.3 % | -4.6 % | 2.1 % | -0.8 % | |
Credit risk | |||||
Credit rating | AA | A | A | AAA |
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