DANFOSS POWER SOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 25814363
Nordborgvej 81, 6430 Nordborg
tel: 74884400

Credit rating

Company information

Official name
DANFOSS POWER SOLUTIONS ApS
Personnel
1127 persons
Established
2001
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DANFOSS POWER SOLUTIONS ApS

DANFOSS POWER SOLUTIONS ApS (CVR number: 25814363) is a company from SØNDERBORG. The company reported a net sales of 3585.7 mDKK in 2023, demonstrating a decline of -1 % compared to the previous year. The operating profit percentage was at 13.4 % (EBIT: 480.9 mDKK), while net earnings were 388.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37.3 %, which can be considered excellent and Return on Equity (ROE) was 61.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.2 %, 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. DANFOSS POWER SOLUTIONS ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 787.972 580.683 291.023 622.723 585.68
Gross profit612.97592.15804.54798.71771.42
EBIT395.94409.83551.49500.33480.91
Net earnings308.39328.17461.47399.85388.20
Shareholders equity total557.31885.49697.32635.69624.05
Balance sheet total (assets)1 138.451 421.021 370.311 313.711 352.20
Net debt129.2497.7334.0724.6318.68
Profitability
EBIT-%14.2 %15.9 %16.8 %13.8 %13.4 %
ROA38.1 %32.3 %39.8 %37.7 %37.3 %
ROE65.2 %45.5 %58.3 %60.0 %61.6 %
ROI62.1 %45.2 %58.0 %63.2 %65.5 %
Economic value added (EVA)289.41298.83390.81363.65346.35
Solvency
Equity ratio49.0 %62.3 %50.9 %48.4 %46.2 %
Gearing23.2 %11.0 %4.9 %3.9 %3.0 %
Relative net indebtedness %19.7 %19.5 %19.5 %17.8 %19.4 %
Liquidity
Quick ratio1.22.11.31.01.0
Current ratio1.62.51.81.61.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)16.220.820.220.422.0
Net working capital %10.9 %26.3 %13.8 %9.5 %9.2 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:37.3%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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