Dahua Technology Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Dahua Technology Denmark ApS
Dahua Technology Denmark ApS (CVR number: 38943952) is a company from ALBERTSLUND. The company reported a net sales of 10 mDKK in 2023, demonstrating a growth of 15.2 % compared to the previous year. The operating profit percentage was at 12.9 % (EBIT: 1.3 mDKK), while net earnings were 588.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Dahua Technology Denmark ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 152 442.00 | 8 660.49 | 9 973.27 | ||
Gross profit | 4 533.00 | 8 882.00 | 7 429 460.00 | 6 102.33 | 6 905.84 |
EBIT | 563.00 | 1 019.00 | 902 386.00 | 684.34 | 1 286.34 |
Net earnings | 903.00 | 305.00 | 1 313 960.00 | 912.67 | 588.19 |
Shareholders equity total | - 560.00 | - 254.00 | 1 059 304.00 | 1 971.97 | 2 560.16 |
Balance sheet total (assets) | 7 396.00 | 19 022.00 | 20 421 896.00 | 20 542.91 | 20 196.26 |
Net debt | 7 308.00 | 12 201.00 | 14 857 998.00 | 17 210.47 | 13 690.35 |
Profitability | |||||
EBIT-% | 8.9 % | 7.9 % | 12.9 % | ||
ROA | 10.2 % | 7.5 % | 18.6 % | 0.0 % | 6.5 % |
ROE | 20.1 % | 2.3 % | 243.7 % | 0.2 % | 26.0 % |
ROI | 10.9 % | 8.0 % | 19.5 % | 0.0 % | 6.7 % |
Economic value added (EVA) | 492.34 | 751.24 | 680 390.54 | 120 886.01 | 919.99 |
Solvency | |||||
Equity ratio | -7.0 % | -1.3 % | 5.2 % | 9.6 % | 12.7 % |
Gearing | -1318.0 % | -7105.9 % | 1728.8 % | 925.6 % | 651.0 % |
Relative net indebtedness % | 155.6 % | 201.3 % | 146.4 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.0 | 1.0 | 1.1 |
Current ratio | 0.9 | 1.0 | 1.0 | 1.1 | 1.1 |
Cash and cash equivalents | 73.00 | 5 848.00 | 3 454 776.00 | 1 041.57 | 2 975.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 5.7 % | 12.6 % | 19.7 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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