Dorian LPG (DK) ApS — Credit Rating and Financial Key Figures

CVR number: 39723867
Overgaden Oven Vandet 62 A, 1415 København K

Company information

Official name
Dorian LPG (DK) ApS
Personnel
15 persons
Established
2018
Company form
Private limited company
Industry

About Dorian LPG (DK) ApS

Dorian LPG (DK) ApS (CVR number: 39723867) is a company from KØBENHAVN. The company reported a net sales of 45.2 mDKK in 2023, demonstrating a growth of 27.1 % compared to the previous year. The operating profit percentage was at 19 % (EBIT: 8.6 mDKK), while net earnings were 7841.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74 %, which can be considered excellent and Return on Equity (ROE) was 126.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, 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. Dorian LPG (DK) ApS's liquidity measured by quick ratio was 2.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales9.9513.5820.3435.6045.24
Gross profit8.4112.9018.6430.6341.36
EBIT-0.63-0.711.754.268.61
Net earnings-0.86-0.811.203.487.84
Shareholders equity total-1.56-2.37-1.112.3010.13
Balance sheet total (assets)1.721.383.264.7518.75
Net debt-0.150.670.69-0.793.33
Profitability
EBIT-%-6.3 %-5.2 %8.6 %12.0 %19.0 %
ROA-18.8 %-16.6 %37.5 %94.6 %74.0 %
ROE-40.0 %-52.7 %51.7 %125.1 %126.2 %
ROI-27.1 %-33.9 %62.0 %136.8 %86.7 %
Economic value added (EVA)-0.60-0.811.563.837.80
Solvency
Equity ratio-47.6 %-63.2 %-25.5 %48.4 %54.0 %
Gearing-86.1 %-72.3 %-287.3 %35.1 %67.3 %
Relative net indebtedness %17.9 %19.9 %9.1 %2.4 %11.3 %
Liquidity
Quick ratio0.50.30.71.82.1
Current ratio0.50.30.71.82.1
Cash and cash equivalents1.491.042.521.603.49
Capital use efficiency
Trade debtors turnover (days)0.1
Net working capital %-13.3 %-18.5 %-6.6 %5.3 %21.4 %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:74.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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