DANSKE LOTTERI SPIL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSKE LOTTERI SPIL A/S
DANSKE LOTTERI SPIL A/S (CVR number: 33034482K) is a company from BRØNDBY. The company recorded a gross profit of -458920 kDKK in 2024. The operating profit was 2153.7 mDKK, while net earnings were 1715.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 225 %, which can be considered excellent and Return on Equity (ROE) was 1218 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANSKE LOTTERI SPIL A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 626 529.00 | ||||
Gross profit | 2 202 963.00 | - 441 930.00 | - 427 384.00 | - 430 832.00 | - 458 920.00 |
EBIT | 1 707 179.00 | 1 868 655.00 | 1 932 005.00 | 1 985 700.00 | 2 153 655.00 |
Net earnings | 1 336 250.00 | 1 477 643.00 | 1 482 251.00 | 1 584 014.00 | 1 715 373.00 |
Shareholders equity total | 197 892.00 | 153 915.00 | 138 521.00 | 136 253.00 | 145 411.00 |
Balance sheet total (assets) | 872 048.00 | 838 626.00 | 1 005 261.00 | 863 493.00 | 1 096 053.00 |
Net debt | - 384 647.00 | -58 028.00 | - 182 184.00 | 7 043.00 | 183 580.00 |
Profitability | |||||
EBIT-% | 65.0 % | ||||
ROA | 191.7 % | 221.6 % | 210.5 % | 217.5 % | 225.0 % |
ROE | 653.5 % | 840.0 % | 1013.7 % | 1153.0 % | 1218.0 % |
ROI | 380.4 % | 569.0 % | 626.0 % | 547.8 % | 474.4 % |
Economic value added (EVA) | 1 359 073.92 | 1 486 905.01 | 1 511 882.79 | 1 566 023.73 | 1 687 970.28 |
Solvency | |||||
Equity ratio | 22.7 % | 18.4 % | 13.8 % | 15.8 % | 13.3 % |
Gearing | 85.5 % | 63.1 % | 124.3 % | 169.7 % | 242.0 % |
Relative net indebtedness % | 4.6 % | ||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Current ratio | 1.0 | 1.0 | 1.1 | 1.1 | 1.1 |
Cash and cash equivalents | 553 850.00 | 155 073.00 | 354 305.00 | 224 138.00 | 168 288.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.9 | ||||
Net working capital % | -14.1 % | ||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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