Denam ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Denam ApS
Denam ApS (CVR number: 42483184) is a company from GREVE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -3.1 % compared to the previous year. The operating profit percentage was poor at -3.6 % (EBIT: -0 mDKK), while net earnings were -56.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.1 %, which can be considered poor and Return on Equity (ROE) was -49.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Denam ApS's liquidity measured by quick ratio was 0.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | 303.84 | 741.56 | 718.69 |
| Gross profit | 240.21 | 546.19 | 491.48 |
| EBIT | 155.66 | -19.94 | -25.55 |
| Net earnings | 155.66 | -43.29 | -56.72 |
| Shareholders equity total | 194.99 | 147.61 | 82.99 |
| Balance sheet total (assets) | 475.86 | 230.05 | 229.14 |
| Net debt | - 127.40 | -31.30 | -12.88 |
| Profitability | |||
| EBIT-% | 51.2 % | -2.7 % | -3.6 % |
| ROA | 32.7 % | -5.6 % | -11.1 % |
| ROE | 79.8 % | -25.3 % | -49.2 % |
| ROI | 45.2 % | -8.1 % | -22.2 % |
| Economic value added (EVA) | 155.66 | -15.81 | -31.39 |
| Solvency | |||
| Equity ratio | 41.0 % | 64.2 % | 36.2 % |
| Gearing | 76.8 % | ||
| Relative net indebtedness % | 1.2 % | 6.9 % | 18.5 % |
| Liquidity | |||
| Quick ratio | 1.0 | 0.4 | 0.5 |
| Current ratio | 1.0 | 0.4 | 0.5 |
| Cash and cash equivalents | 277.11 | 31.30 | 12.88 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | -1.2 % | -6.9 % | -9.2 % |
| Credit risk | |||
| Credit rating | BBB | BB | BB |
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