ENGEL HOLDING DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ENGEL HOLDING DANMARK ApS
ENGEL HOLDING DANMARK ApS (CVR number: 10153867) is a company from MIDDELFART. The company recorded a gross profit of 435.3 kDKK in 2024. The operating profit was 87.2 kDKK, while net earnings were 83.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. ENGEL HOLDING DANMARK ApS's liquidity measured by quick ratio was 0.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 598.02 | 494.84 | 501.79 | ||
Gross profit | -10.58 | 14.62 | -12.97 | 414.95 | 435.26 |
EBIT | -10.58 | 14.62 | -12.97 | 63.95 | 87.15 |
Net earnings | -10.58 | 14.62 | -12.97 | 62.57 | 83.21 |
Shareholders equity total | 1 401.93 | 1 497.42 | 1 512.04 | 1 574.61 | 1 657.82 |
Balance sheet total (assets) | 2 178.42 | 2 179.65 | 2 098.60 | 2 064.91 | 2 104.96 |
Net debt | 759.03 | 663.54 | 581.29 | 489.75 | 358.12 |
Profitability | |||||
EBIT-% | -1.8 % | 3.0 % | -2.6 % | ||
ROA | -0.5 % | 0.7 % | -0.6 % | 3.1 % | 4.2 % |
ROE | -0.8 % | 1.0 % | -0.9 % | 4.1 % | 5.1 % |
ROI | -0.5 % | 0.7 % | -0.6 % | 3.1 % | 4.2 % |
Economic value added (EVA) | - 129.94 | -94.85 | - 122.50 | -41.51 | -16.61 |
Solvency | |||||
Equity ratio | 64.4 % | 68.7 % | 72.0 % | 76.3 % | 78.8 % |
Gearing | 55.4 % | 45.6 % | 38.8 % | 31.1 % | 24.3 % |
Relative net indebtedness % | 126.9 % | 134.1 % | 115.8 % | ||
Liquidity | |||||
Quick ratio | 0.5 | ||||
Current ratio | 0.7 | ||||
Cash and cash equivalents | 17.46 | 18.69 | 5.26 | 0.55 | 45.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 4.1 % | 5.2 % | 2.4 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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