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Danish Offshore Gas Systems A/S — Credit Rating and Financial Key Figures

CVR number: 34881057
Kraftværksvej 53, Skærbæk 7000 Fredericia
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Credit rating

Company information

Official name
Danish Offshore Gas Systems A/S
Established
2012
Domicile
Skærbæk
Company form
Limited company
Industry

About Danish Offshore Gas Systems A/S

Danish Offshore Gas Systems A/S (CVR number: 34881057) is a company from FREDERICIA. The company recorded a gross profit of 29.9 mDKK in 2024. The operating profit was 29.9 mDKK, while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Danish Offshore Gas Systems A/S's liquidity measured by quick ratio was 33.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 042 052.00
Gross profit-13 075.00-21 793.00-18 802.00-12 257.0029 899.00
EBIT-13 075.00-21 793.00-18 802.00-12 257.0029 899.00
Net earnings-11 355.00-20 780.00-21 404.00-22 701.0010 194.00
Shareholders equity total86 242.0065 462.0044 058.0021 357.00371 551.00
Balance sheet total (assets)450 159.00451 914.00429 421.00366 879.00401 985.00
Net debt363 258.00383 731.00384 583.00344 392.005 294.00
Profitability
EBIT-%-1.3 %
ROA-4.7 %-4.8 %-4.2 %-2.6 %8.0 %
ROE-12.4 %-27.4 %-39.1 %-69.4 %5.2 %
ROI-4.8 %-4.8 %-4.3 %-2.6 %8.1 %
Economic value added (EVA)-15 283.41-39 511.60-37 298.70-31 137.555 356.83
Solvency
Equity ratio19.2 %14.5 %10.3 %5.8 %88.3 %
Gearing421.2 %586.2 %872.9 %1612.5 %1.4 %
Relative net indebtedness %34.9 %
Liquidity
Quick ratio1.269.979.966.333.4
Current ratio1.270.080.166.434.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)155.9
Net working capital %8.3 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:8.01%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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