DADES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DADES A/S
DADES A/S (CVR number: 10432928) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 20 mDKK in 2024, demonstrating a growth of 11.1 % compared to the previous year. The operating profit percentage was at 20 % (EBIT: 4 mDKK), while net earnings were 141 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DADES 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18 000.00 | 18 000.00 | 9 000.00 | 18 000.00 | 20 000.00 |
Gross profit | 68 000.00 | 22 000.00 | 350 000.00 | 27 000.00 | 17 000.00 |
EBIT | -10 000.00 | - 286 000.00 | 295 000.00 | 24 000.00 | 4 000.00 |
Net earnings | 1 338 000.00 | 2 949 000.00 | 294 000.00 | -1 411 000.00 | 141 000.00 |
Shareholders equity total | 8 311 000.00 | 10 559 000.00 | 10 703 000.00 | 9 139 000.00 | 9 130 000.00 |
Balance sheet total (assets) | 10 227 000.00 | 14 279 000.00 | 14 749 000.00 | 13 124 000.00 | 9 647 000.00 |
Net debt | 540 000.00 | 12 228 000.00 | 12 179 000.00 | 10 974 000.00 | 7 732 000.00 |
Profitability | |||||
EBIT-% | -55.6 % | -1588.9 % | 3277.8 % | 133.3 % | 20.0 % |
ROA | -0.1 % | -2.1 % | 2.0 % | 0.2 % | 0.7 % |
ROE | 8.7 % | 31.3 % | 2.8 % | -14.2 % | 1.5 % |
ROI | -0.1 % | -1.4 % | 1.1 % | 0.1 % | 0.4 % |
Economic value added (EVA) | -1 884.31 | - 146 413.63 | 35 630.69 | - 229 528.61 | - 216 625.88 |
Solvency | |||||
Equity ratio | 81.3 % | 73.9 % | 72.6 % | 69.6 % | 94.6 % |
Gearing | 8.3 % | 118.6 % | 117.0 % | 124.1 % | 86.5 % |
Relative net indebtedness % | 9811.1 % | 19000.0 % | 41111.1 % | 20077.8 % | 1765.0 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 0.7 | 1.2 | 1.0 |
Current ratio | 0.4 | 0.7 | 0.7 | 1.2 | 1.0 |
Cash and cash equivalents | 150 000.00 | 300 000.00 | 346 000.00 | 371 000.00 | 164 000.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2 473.9 | 20.3 | 40.6 | 60.8 | 54.8 |
Net working capital % | -2527.8 % | -794.4 % | -2677.8 % | 583.3 % | 30.0 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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