DANCERT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANCERT A/S
DANCERT A/S (CVR number: 29512094) is a company from Høje-Taastrup. The company reported a net sales of 24 mDKK in 2024, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was poor at -1.6 % (EBIT: -0.4 mDKK), while net earnings were -280.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -11 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, 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. DANCERT A/S's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 19 784.75 | 17 058.33 | 17 626.20 | 21 229.40 | 23 998.70 |
Gross profit | 3 007.40 | 3 881.84 | 4 943.52 | 5 455.13 | 6 253.74 |
EBIT | 965.87 | 670.06 | 1 032.79 | - 758.27 | - 373.62 |
Net earnings | 726.94 | 488.93 | 778.75 | - 572.73 | - 280.94 |
Shareholders equity total | 2 007.53 | 2 496.46 | 3 275.21 | 2 702.48 | 2 421.53 |
Balance sheet total (assets) | 5 977.89 | 5 673.45 | 4 242.02 | 5 518.01 | 6 790.67 |
Net debt | 577.07 | 450.49 | - 682.93 | 185.42 | 1 477.05 |
Profitability | |||||
EBIT-% | 4.9 % | 3.9 % | 5.9 % | -3.6 % | -1.6 % |
ROA | 19.2 % | 11.5 % | 20.9 % | -14.6 % | -5.4 % |
ROE | 44.2 % | 21.7 % | 27.0 % | -19.2 % | -11.0 % |
ROI | 22.2 % | 13.6 % | 25.7 % | -18.8 % | -6.6 % |
Economic value added (EVA) | 706.51 | 546.66 | 773.56 | - 722.09 | - 358.64 |
Solvency | |||||
Equity ratio | 33.6 % | 45.7 % | 84.7 % | 56.3 % | 37.0 % |
Gearing | 153.0 % | 92.8 % | 58.0 % | 137.2 % | |
Relative net indebtedness % | 7.5 % | 7.7 % | 1.6 % | 6.7 % | 10.5 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.9 | 7.2 | 2.6 | 1.6 |
Current ratio | 1.5 | 1.8 | 4.4 | 2.0 | 1.6 |
Cash and cash equivalents | 2 494.23 | 1 865.26 | 682.93 | 1 383.10 | 1 845.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.8 | 66.6 | 66.3 | 55.6 | 64.5 |
Net working capital % | 10.1 % | 14.6 % | 18.6 % | 12.7 % | 10.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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