DET CLASSENSKE FIDEICOMMIS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DET CLASSENSKE FIDEICOMMIS
DET CLASSENSKE FIDEICOMMIS (CVR number: 32483615) is a company from GULDBORGSUND. The company reported a net sales of 43.4 mDKK in 2023, demonstrating a growth of 10.2 % compared to the previous year. The operating profit percentage was at 12 % (EBIT: 5.2 mDKK), while net earnings were 21.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DET CLASSENSKE FIDEICOMMIS's liquidity measured by quick ratio was 3 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 27.39 | 28.78 | 31.68 | 39.36 | 43.37 |
Gross profit | 8.48 | 15.16 | 18.48 | 9.72 | 16.70 |
EBIT | -0.93 | 4.80 | 8.00 | -1.85 | 5.23 |
Net earnings | -5.32 | 14.24 | 6.05 | -8.28 | 21.12 |
Shareholders equity total | 199.66 | 214.28 | 221.39 | 213.68 | 233.56 |
Balance sheet total (assets) | 360.81 | 372.81 | 374.40 | 367.40 | 367.93 |
Net debt | 144.89 | 142.50 | 138.90 | 141.04 | 117.56 |
Profitability | |||||
EBIT-% | -3.4 % | 16.7 % | 25.3 % | -4.7 % | 12.0 % |
ROA | -0.3 % | 4.7 % | 2.4 % | 0.3 % | 6.7 % |
ROE | -2.6 % | 6.9 % | 2.8 % | -3.8 % | 9.4 % |
ROI | -0.3 % | 4.8 % | 2.5 % | 0.3 % | 6.9 % |
Economic value added (EVA) | -15.25 | -11.64 | -8.76 | -18.73 | -11.46 |
Solvency | |||||
Equity ratio | 55.4 % | 57.6 % | 59.2 % | 58.3 % | 63.5 % |
Gearing | 75.3 % | 68.4 % | 65.3 % | 66.5 % | 54.2 % |
Relative net indebtedness % | 564.7 % | 537.1 % | 465.2 % | 387.7 % | 288.8 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 1.4 | 1.0 | 3.0 |
Current ratio | 3.3 | 2.7 | 2.3 | 1.9 | 5.2 |
Cash and cash equivalents | 5.52 | 3.99 | 5.63 | 1.11 | 9.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.0 | 30.4 | 24.8 | 51.3 | 22.1 |
Net working capital % | 81.8 % | 59.8 % | 36.0 % | 24.5 % | 51.2 % |
Credit risk | |||||
Credit rating | A | AAA | AAA | AA | AAA |
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