Dannebrogsgade ApS — Credit Rating and Financial Key Figures

CVR number: 41503378
Nørregade 28, 9000 Aalborg

Credit rating

Company information

Official name
Dannebrogsgade ApS
Established
2020
Company form
Private limited company
Industry

About Dannebrogsgade ApS

Dannebrogsgade ApS (CVR number: 41503378) is a company from AALBORG. The company recorded a gross profit of 521.6 kDKK in 2023. The operating profit was -818.4 kDKK, while net earnings were -953.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Dannebrogsgade ApS's liquidity measured by quick ratio was 4.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit462.11521.87595.38521.58
EBIT116.43521.87595.38- 818.42
Net earnings- 707.11340.02430.78- 953.11
Shareholders equity total18 626.1718 966.198 396.977 443.86
Balance sheet total (assets)31 433.0231 659.3920 673.6118 908.12
Net debt4 430.335 526.6510 746.9210 666.92
Profitability
EBIT-%
ROA0.7 %2.0 %2.6 %-3.7 %
ROE-3.8 %1.8 %3.1 %-12.0 %
ROI0.7 %2.0 %2.7 %-3.8 %
Economic value added (EVA)91.78- 734.17- 728.04-1 583.06
Solvency
Equity ratio59.4 %60.1 %40.7 %39.5 %
Gearing62.8 %59.8 %130.6 %143.3 %
Relative net indebtedness %
Liquidity
Quick ratio15.713.33.64.9
Current ratio14.612.43.54.5
Cash and cash equivalents7 261.205 806.97221.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:-3.68%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.5%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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