DOW DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DOW DANMARK A/S
DOW DANMARK A/S (CVR number: 52974216) is a company from GENTOFTE. The company reported a net sales of 16.5 mDKK in 2023, demonstrating a decline of -20.3 % compared to the previous year. The operating profit percentage was at 32.2 % (EBIT: 5.3 mDKK), while net earnings were 4298.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent but Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. DOW DANMARK A/S's liquidity measured by quick ratio was 2.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 012.15 | 14 518.41 | 19 683.74 | 20 655.03 | 16 466.88 |
Gross profit | 14 012.15 | 14 518.41 | 19 683.74 | 20 655.03 | 16 466.88 |
EBIT | 3 532.84 | 3 532.71 | 10 602.95 | 6 203.30 | 5 303.06 |
Net earnings | 2 610.95 | 3 409.07 | 8 287.56 | 5 056.19 | 4 298.38 |
Shareholders equity total | 63 031.15 | 66 440.21 | 74 727.78 | 39 783.97 | 24 082.36 |
Balance sheet total (assets) | 67 695.71 | 72 068.12 | 83 024.40 | 49 741.65 | 36 721.04 |
Net debt | 3 484.41 | 3 675.78 | 3 816.88 | 8 207.52 | 10 874.27 |
Profitability | |||||
EBIT-% | 25.2 % | 24.3 % | 53.9 % | 30.0 % | 32.2 % |
ROA | 5.4 % | 5.1 % | 13.7 % | 9.7 % | 15.7 % |
ROE | 4.2 % | 5.3 % | 11.7 % | 8.8 % | 13.5 % |
ROI | 5.5 % | 5.2 % | 14.3 % | 10.1 % | 16.3 % |
Economic value added (EVA) | - 459.56 | 260.45 | 5 553.99 | 1 185.74 | 2 267.63 |
Solvency | |||||
Equity ratio | 93.1 % | 92.2 % | 90.0 % | 80.0 % | 65.6 % |
Gearing | 5.5 % | 5.5 % | 5.1 % | 20.6 % | 45.2 % |
Relative net indebtedness % | 33.3 % | 38.8 % | 42.1 % | 48.2 % | 76.8 % |
Liquidity | |||||
Quick ratio | 14.5 | 12.8 | 10.0 | 5.0 | 2.9 |
Current ratio | 14.5 | 12.8 | 10.0 | 5.0 | 2.9 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 449.8 % | 457.6 % | 379.6 % | 192.6 % | 146.2 % |
Credit risk | |||||
Credit rating | BB | BBB |
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