DOF Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DOF Denmark A/S
DOF Denmark A/S (CVR number: 31414377) is a company from KØBENHAVN. The company reported a net sales of 289.5 mUSD in 2024, demonstrating a growth of 52 % compared to the previous year. The operating profit percentage was at 111.8 % (EBIT: 323.8 mUSD), while net earnings were 537.1 mUSD. The profitability of the company measured by Return on Assets (ROA) was 34.3 %, which can be considered excellent and Return on Equity (ROE) was 95.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. DOF Denmark A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 135.00 | 163.00 | 187.93 | 190.46 | 289.47 |
Gross profit | 92.00 | 93.00 | 84.60 | 121.51 | 236.02 |
EBIT | -77.00 | - 205.00 | 1.84 | 34.75 | 323.76 |
Net earnings | -76.00 | - 289.00 | -50.94 | 65.85 | 537.12 |
Shareholders equity total | 386.00 | 522.00 | 660.27 | 717.71 | 409.96 |
Balance sheet total (assets) | 852.00 | 592.00 | 773.27 | 812.17 | 974.88 |
Net debt | 30.97 | 11.83 | 398.12 | ||
Profitability | |||||
EBIT-% | -57.0 % | -125.8 % | 1.0 % | 18.2 % | 111.8 % |
ROA | -8.9 % | -28.4 % | 8.7 % | 4.3 % | 34.3 % |
ROE | -18.0 % | -63.7 % | -8.6 % | 9.6 % | 95.3 % |
ROI | -8.9 % | -28.4 % | -12.4 % | 8.1 % | 44.4 % |
Economic value added (EVA) | - 100.11 | - 224.40 | -25.13 | 2.43 | 279.19 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 85.4 % | 88.4 % | 42.1 % |
Gearing | 4.7 % | 4.0 % | 122.3 % | ||
Relative net indebtedness % | 52.2 % | 32.3 % | 155.5 % | ||
Liquidity | |||||
Quick ratio | 1.7 | 1.5 | 1.4 | ||
Current ratio | 1.8 | 1.6 | 1.4 | ||
Cash and cash equivalents | 0.10 | 16.66 | 103.10 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 92.9 | 75.2 | 56.8 | ||
Net working capital % | 44.4 % | 26.5 % | 20.3 % | ||
Credit risk | |||||
Credit rating | BBB | BB | A | AAA | A |
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