DAN FLANGER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN FLANGER ApS
DAN FLANGER ApS (CVR number: 20135530) is a company from LOLLAND. The company recorded a gross profit of 7.3 kDKK in 2023. The operating profit was -410.8 kDKK, while net earnings were -405.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.4 %, which can be considered poor and Return on Equity (ROE) was -151.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DAN FLANGER ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 414.35 | 227.53 | 453.74 | 111.25 | 7.35 |
EBIT | -8.82 | -34.70 | 241.96 | -68.47 | - 410.84 |
Net earnings | -47.48 | -35.10 | 2 052.41 | -69.61 | - 405.18 |
Shareholders equity total | -1 811.24 | -1 846.34 | 206.07 | 74.26 | - 268.72 |
Balance sheet total (assets) | 349.30 | 257.29 | 395.40 | 817.49 | 460.97 |
Net debt | 1 982.07 | 1 946.13 | - 235.84 | 0.24 | 253.47 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.4 % | -1.6 % | -125.6 % | -11.3 % | -52.4 % |
ROE | -15.2 % | -11.6 % | 885.9 % | -49.7 % | -151.4 % |
ROI | -0.4 % | -1.7 % | 185.3 % | -14.3 % | -59.1 % |
Economic value added (EVA) | 80.81 | 59.40 | 337.97 | -66.98 | - 380.44 |
Solvency | |||||
Equity ratio | -83.8 % | -87.8 % | 52.1 % | 9.1 % | -36.8 % |
Gearing | -112.8 % | -108.9 % | 915.1 % | -230.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 1.4 | 1.0 | 0.6 |
Current ratio | 0.1 | 0.1 | 1.4 | 1.0 | 0.6 |
Cash and cash equivalents | 61.35 | 64.18 | 235.84 | 679.31 | 364.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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