DFDS Logistics A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DFDS Logistics A/S
DFDS Logistics A/S (CVR number: 12295332) is a company from ESBJERG. The company reported a net sales of 972.6 mDKK in 2023, demonstrating a decline of -6.9 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 49.8 mDKK), while net earnings were 33.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, 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. DFDS Logistics A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 882.69 | 851.27 | 886.50 | 1 044.25 | 972.59 |
Gross profit | 61.95 | 82.33 | 60.40 | 149.00 | 145.15 |
EBIT | 61.95 | 82.33 | 60.40 | 48.03 | 49.77 |
Net earnings | 10.49 | 33.16 | 4.17 | 32.35 | 33.46 |
Shareholders equity total | 65.30 | 96.43 | 100.59 | 132.32 | 165.78 |
Balance sheet total (assets) | 233.19 | 323.04 | 341.55 | 453.14 | 494.38 |
Net debt | 126.93 | 107.13 | |||
Profitability | |||||
EBIT-% | 7.0 % | 9.7 % | 6.8 % | 4.6 % | 5.1 % |
ROA | 23.8 % | 29.6 % | 18.2 % | 12.4 % | 11.1 % |
ROE | 17.2 % | 41.0 % | 4.2 % | 27.8 % | 22.4 % |
ROI | 23.8 % | 29.6 % | 18.2 % | 13.8 % | 13.4 % |
Economic value added (EVA) | 59.10 | 79.05 | 55.56 | 31.63 | 35.41 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 29.2 % | 33.5 % |
Gearing | 99.2 % | 64.6 % | |||
Relative net indebtedness % | 30.0 % | 33.5 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | |||
Current ratio | 1.1 | 1.3 | |||
Cash and cash equivalents | 4.31 | 0.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.7 | 86.0 | |||
Net working capital % | 2.8 % | 5.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AA |
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