Dorian LPG (DK) ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9.95 | 13.58 | 20.34 | 35.60 | 45.24 |
Gross profit | 8.41 | 12.90 | 18.64 | 30.63 | 41.36 |
EBIT | -0.63 | -0.71 | 1.75 | 4.26 | 8.61 |
Net earnings | -0.86 | -0.81 | 1.20 | 3.48 | 7.84 |
Shareholders equity total | -1.56 | -2.37 | -1.11 | 2.30 | 10.13 |
Balance sheet total (assets) | 1.72 | 1.38 | 3.26 | 4.75 | 18.75 |
Net debt | -0.15 | 0.67 | 0.69 | -0.79 | 3.33 |
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 | -0.81 | 1.56 | 3.83 | 7.80 |
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 ratio | 0.5 | 0.3 | 0.7 | 1.8 | 2.1 |
Current ratio | 0.5 | 0.3 | 0.7 | 1.8 | 2.1 |
Cash and cash equivalents | 1.49 | 1.04 | 2.52 | 1.60 | 3.49 |
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 rating | B | B | BB | BB | A |
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