DECOWICON ApS — Credit Rating and Financial Key Figures

CVR number: 27966357
Julsgårdvej 4-5, 7330 Brande

Credit rating

Company information

Official name
DECOWICON ApS
Personnel
8 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DECOWICON ApS

DECOWICON ApS (CVR number: 27966357) is a company from IKAST-BRANDE. The company recorded a gross profit of 5423.2 kDKK in 2023. The operating profit was 2528.6 kDKK, while net earnings were 1774.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DECOWICON ApS's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 804.692 880.023 110.334 407.185 423.23
EBIT4 460.431 512.891 359.622 409.392 528.56
Net earnings3 395.172 412.13446.2851.481 774.34
Shareholders equity total5 830.107 242.236 688.506 739.988 514.32
Balance sheet total (assets)11 072.6310 831.1011 063.8010 895.7010 384.05
Net debt-2 245.37-3 396.05- 703.96-2 573.77-5 240.99
Profitability
EBIT-%
ROA53.4 %29.1 %12.6 %22.5 %24.3 %
ROE73.3 %36.9 %6.4 %0.8 %23.3 %
ROI66.4 %35.3 %13.5 %23.2 %25.8 %
Economic value added (EVA)3 391.441 118.54952.881 610.021 914.77
Solvency
Equity ratio52.7 %66.9 %60.5 %61.9 %82.3 %
Gearing43.1 %34.1 %59.5 %57.3 %10.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.91.61.73.6
Current ratio1.82.62.22.34.9
Cash and cash equivalents4 758.585 867.264 685.496 439.076 158.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:24.3%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.3%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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