Damgaard Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Damgaard Development ApS
Damgaard Development ApS (CVR number: 38479288) is a company from SKANDERBORG. The company recorded a gross profit of -43.7 kDKK in 2024. The operating profit was -105.4 kDKK, while net earnings were -81.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.3 %, which can be considered poor and Return on Equity (ROE) was -54.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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. Damgaard Development ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 357.00 | -17.00 | 94.00 | 229.78 | -43.70 |
EBIT | 353.00 | -53.00 | 22.00 | 158.11 | - 105.38 |
Net earnings | 271.00 | -48.00 | 14.00 | 128.80 | -81.15 |
Shareholders equity total | 444.00 | 396.00 | 410.00 | 189.32 | 108.17 |
Balance sheet total (assets) | 819.00 | 712.00 | 955.00 | 597.82 | 223.14 |
Net debt | - 183.00 | 236.00 | -2.00 | - 113.52 | 4.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 69.0 % | -6.9 % | 2.8 % | 21.8 % | -25.3 % |
ROE | 88.0 % | -11.4 % | 3.5 % | 43.0 % | -54.6 % |
ROI | 110.1 % | -9.0 % | 3.8 % | 48.1 % | -67.7 % |
Economic value added (EVA) | 262.36 | -70.68 | -18.26 | 95.01 | -91.94 |
Solvency | |||||
Equity ratio | 54.2 % | 55.6 % | 42.9 % | 31.7 % | 48.5 % |
Gearing | 5.6 % | 74.5 % | 21.7 % | 5.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.4 | 1.4 | 0.9 | 0.7 |
Current ratio | 2.1 | 1.4 | 1.4 | 1.1 | 1.1 |
Cash and cash equivalents | 208.00 | 59.00 | 91.00 | 113.52 | 0.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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