Danish Oil Pipe A/S — Credit Rating and Financial Key Figures

CVR number: 34890021
Kraftværksvej 53, Skærbæk 7000 Fredericia
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Company information

Official name
Danish Oil Pipe A/S
Established
2012
Domicile
Skærbæk
Company form
Limited company
Industry

About Danish Oil Pipe A/S

Danish Oil Pipe A/S (CVR number: 34890021) is a company from FREDERICIA. The company reported a net sales of 373.9 mDKK in 2024, demonstrating a growth of 18.3 % compared to the previous year. The operating profit percentage was poor at -0.4 % (EBIT: -1.6 mDKK), while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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. Danish Oil Pipe A/S's liquidity measured by quick ratio was 3.4 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales377.44326.13287.56316.01373.88
Gross profit56.0229.6629.618.7416.62
EBIT49.7623.4123.35-0.78-1.58
Net earnings3.95-3.35-2.0412.5811.07
Shareholders equity total449.27445.93443.88456.46467.53
Balance sheet total (assets)2 381.741 907.861 177.131 188.071 149.33
Net debt1 300.21980.5326.66179.43158.03
Profitability
EBIT-%13.2 %7.2 %8.1 %-0.2 %-0.4 %
ROA1.9 %1.2 %2.4 %2.5 %2.2 %
ROE0.9 %-0.7 %-0.5 %2.8 %2.4 %
ROI2.0 %1.3 %2.7 %2.9 %2.4 %
Economic value added (EVA)- 124.68-90.76-75.79-45.64-55.53
Solvency
Equity ratio18.9 %23.4 %27.7 %28.0 %29.5 %
Gearing289.4 %219.9 %6.0 %39.3 %33.8 %
Relative net indebtedness %406.6 %322.0 %255.0 %231.5 %182.3 %
Liquidity
Quick ratio2.23.93.12.93.4
Current ratio2.23.93.12.93.4
Cash and cash equivalents0.020.030.000.050.05
Capital use efficiency
Trade debtors turnover (days)6.05.330.547.759.0
Net working capital %168.8 %184.4 %213.1 %179.2 %156.8 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:2.18%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.5%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director
Chairman of the board
Board member

Companies in the same industry

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