DANRUSS APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANRUSS APS
DANRUSS APS (CVR number: 15912405) is a company from AALBORG. The company recorded a gross profit of 500.6 kDKK in 2024. The operating profit was -591.9 kDKK, while net earnings were -718.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. DANRUSS APS's liquidity measured by quick ratio was 1.3 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 | 2 906.32 | 2 691.40 | 2 191.57 | 814.59 | 500.56 | 
| EBIT | 344.28 | 114.16 | - 346.32 | - 518.07 | - 591.94 | 
| Net earnings | 308.17 | 66.12 | 116.73 | 625.08 | - 718.57 | 
| Shareholders equity total | 4 482.13 | 4 548.25 | 4 664.98 | 5 290.05 | 4 571.48 | 
| Balance sheet total (assets) | 26 726.76 | 33 272.82 | 40 235.17 | 31 076.83 | 21 440.14 | 
| Net debt | -3 462.26 | -3 411.85 | -4 519.29 | -5 832.14 | -4 808.48 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.1 % | 0.4 % | 0.4 % | 1.8 % | 0.5 % | 
| ROE | 7.1 % | 1.5 % | 2.5 % | 12.6 % | -14.6 % | 
| ROI | 1.1 % | 0.4 % | 0.4 % | 1.8 % | 0.5 % | 
| Economic value added (EVA) | -1 448.79 | -1 214.69 | -2 008.59 | -2 534.47 | -2 126.21 | 
| Solvency | |||||
| Equity ratio | 16.8 % | 13.7 % | 11.6 % | 17.0 % | 21.3 % | 
| Gearing | 490.0 % | 627.3 % | 760.2 % | 477.2 % | 363.3 % | 
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.1 | 1.1 | 1.2 | 1.3 | 
| Current ratio | 1.1 | 1.1 | 1.1 | 1.2 | 1.3 | 
| Cash and cash equivalents | 25 424.76 | 31 943.73 | 39 981.72 | 31 074.82 | 21 418.46 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB | 
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