DC-SYSTEM INSULATION A/S — Credit Rating and Financial Key Figures

CVR number: 10504708
Nordvestvej 8, 9600 Aars
tel: 98624286

Credit rating

Company information

Official name
DC-SYSTEM INSULATION A/S
Personnel
24 persons
Established
1986
Company form
Limited company
Industry

About DC-SYSTEM INSULATION A/S

DC-SYSTEM INSULATION A/S (CVR number: 10504708) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 19.2 mDKK in 2023. The operating profit was 6837 kDKK, while net earnings were 8873 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DC-SYSTEM INSULATION A/S's liquidity measured by quick ratio was 2.4 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 profit24 394.0020 788.0030 157.0015 201.0019 190.00
EBIT9 657.005 913.0014 788.00641.006 837.00
Net earnings12 260.009 328.0020 817.004 264.008 873.00
Shareholders equity total38 521.0035 111.0046 637.0034 923.0039 624.00
Balance sheet total (assets)56 079.0054 292.0065 970.0054 252.0051 056.00
Net debt-7 625.00-3 260.00-10 319.00-5 165.00-9 205.00
Profitability
EBIT-%
ROA26.0 %19.6 %40.3 %7.5 %20.0 %
ROE32.8 %25.3 %50.9 %10.5 %23.8 %
ROI32.9 %26.3 %56.6 %10.4 %26.2 %
Economic value added (EVA)7 145.924 520.7911 428.17563.075 737.61
Solvency
Equity ratio68.7 %66.6 %77.2 %73.3 %77.8 %
Gearing10.4 %3.2 %0.1 %8.1 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.43.52.02.4
Current ratio3.21.72.81.73.1
Cash and cash equivalents11 630.004 373.0010 383.007 992.0010 042.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:20.0%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.8%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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