DANBAG PAPER SOLUTIONS A/S — Credit Rating and Financial Key Figures

CVR number: 32260705
H C Ørsteds Vej 22-24, 7800 Skive
kontor@dan-bag.dk
tel: 97512275

Company information

Official name
DANBAG PAPER SOLUTIONS A/S
Personnel
19 persons
Established
2009
Company form
Limited company
Industry

About DANBAG PAPER SOLUTIONS A/S

DANBAG PAPER SOLUTIONS A/S (CVR number: 32260705) is a company from SKIVE. The company recorded a gross profit of 15.6 mDKK in 2024. The operating profit was 4233.2 kDKK, while net earnings were 2341.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANBAG PAPER SOLUTIONS A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit12 771.2316 033.5317 725.7114 647.9615 629.64
EBIT2 555.434 621.355 170.273 550.634 233.20
Net earnings1 444.633 123.413 885.691 674.652 341.49
Shareholders equity total10 614.2213 455.1217 054.8118 434.9620 471.45
Balance sheet total (assets)39 662.3942 905.8755 138.8052 305.7750 913.79
Net debt14 553.6312 280.1917 073.2315 389.3413 479.58
Profitability
EBIT-%
ROA6.7 %11.2 %12.1 %6.6 %8.2 %
ROE14.4 %26.0 %25.5 %9.4 %12.0 %
ROI8.0 %14.7 %15.3 %7.8 %9.7 %
Economic value added (EVA)621.012 203.872 579.83812.291 405.67
Solvency
Equity ratio26.8 %31.4 %30.9 %35.2 %40.2 %
Gearing137.2 %91.8 %100.1 %83.5 %66.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.20.3
Current ratio0.60.50.60.60.7
Cash and cash equivalents4.8068.982.242.2134.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.20%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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