Damgaard Metal A/S — Credit Rating and Financial Key Figures

CVR number: 39377748
Birkegårdsvej 26, 8361 Hasselager

Company information

Official name
Damgaard Metal A/S
Personnel
2 persons
Established
2018
Company form
Limited company
Industry

About Damgaard Metal A/S

Damgaard Metal A/S (CVR number: 39377748) is a company from AARHUS. The company recorded a gross profit of 1198 kDKK in 2022. The operating profit was 72 kDKK, while net earnings were 6762 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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. Damgaard Metal A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit853.00958.001 616.001 410.001 198.00
EBIT-20.00301.00557.00403.0072.00
Net earnings-4 371.001 039.00377.005 280.006 762.00
Shareholders equity total34 629.0035 672.0036 010.0031 286.0031 648.00
Balance sheet total (assets)48 908.0049 499.0042 521.0047 136.0052 987.00
Net debt6 640.006 364.00129.007 649.0016 568.00
Profitability
EBIT-%
ROA-7.9 %2.9 %1.3 %12.1 %13.9 %
ROE-12.6 %3.0 %1.1 %15.7 %21.5 %
ROI-8.1 %3.0 %1.3 %12.6 %14.8 %
Economic value added (EVA)-19.621 033.991 112.85626.05348.17
Solvency
Equity ratio70.8 %72.1 %84.7 %66.4 %59.7 %
Gearing19.8 %18.9 %3.7 %25.3 %52.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.90.90.6
Current ratio0.10.10.90.90.6
Cash and cash equivalents220.00370.001 208.00276.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:13.9%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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