DANAGE OF SCANDINAVIA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANAGE OF SCANDINAVIA ApS
DANAGE OF SCANDINAVIA ApS (CVR number: 14362975) is a company from SØNDERBORG. The company recorded a gross profit of 1195.5 kDKK in 2024. The operating profit was -41.7 kDKK, while net earnings were -56.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. DANAGE OF SCANDINAVIA ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 241.76 | 1 399.64 | 844.99 | 1 544.78 | 1 195.52 |
EBIT | 1 415.95 | 468.46 | -75.27 | 412.68 | -41.71 |
Net earnings | 1 079.43 | 328.28 | - 131.80 | 318.92 | -56.23 |
Shareholders equity total | 1 669.07 | 1 997.34 | 1 825.55 | 2 144.46 | 1 788.23 |
Balance sheet total (assets) | 3 744.61 | 3 826.06 | 4 128.55 | 2 796.90 | 2 857.43 |
Net debt | - 799.91 | -1 158.75 | - 756.78 | - 375.49 | - 213.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.7 % | 12.4 % | -1.9 % | 12.1 % | -1.2 % |
ROE | 68.7 % | 17.9 % | -6.9 % | 16.1 % | -2.9 % |
ROI | 67.7 % | 23.7 % | -3.9 % | 21.2 % | -1.6 % |
Economic value added (EVA) | 999.43 | 266.48 | - 175.87 | 261.35 | - 140.56 |
Solvency | |||||
Equity ratio | 44.6 % | 52.2 % | 44.2 % | 76.7 % | 62.6 % |
Gearing | 17.6 % | 0.0 % | 0.0 % | 13.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.7 | 1.4 | 1.2 |
Current ratio | 1.8 | 2.1 | 1.8 | 4.2 | 2.6 |
Cash and cash equivalents | 1 093.37 | 1 158.75 | 756.78 | 376.13 | 462.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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