DENSIT ApS — Credit Rating and Financial Key Figures

CVR number: 73162718
Rørdalsvej 44, 9220 Aalborg Øst
accounting.aalborg@itwpp.com
tel: 98167011
https://itwperformancepolymers.com/

Company information

Official name
DENSIT ApS
Personnel
25 persons
Established
1983
Company form
Private limited company
Industry

About DENSIT ApS

DENSIT ApS (CVR number: 73162718) is a company from AALBORG. The company recorded a gross profit of 55 mDKK in 2024. The operating profit was 25.5 mDKK, while net earnings were 18.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 48.2 %, which can be considered excellent and Return on Equity (ROE) was 48.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DENSIT ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit51 370.0058 441.00133 795.0035 756.0055 048.00
EBIT20 536.0025 654.0070 668.0011 878.0025 530.00
Net earnings15 290.0019 488.0056 262.008 985.0018 792.00
Shareholders equity total33 653.0028 141.0060 403.0039 388.0038 180.00
Balance sheet total (assets)85 209.00138 324.0077 131.0058 569.0050 259.00
Net debt70.0013 417.0062.00-6 058.004 671.00
Profitability
EBIT-%
ROA36.7 %23.0 %65.9 %19.2 %48.2 %
ROE58.8 %63.1 %127.1 %18.0 %48.5 %
ROI78.6 %67.4 %137.7 %26.0 %60.8 %
Economic value added (EVA)14 660.4917 855.6154 025.185 286.5217 434.71
Solvency
Equity ratio68.3 %49.0 %93.1 %78.4 %76.0 %
Gearing0.2 %50.8 %0.1 %0.3 %19.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.43.114.14.21.5
Current ratio1.61.24.32.62.8
Cash and cash equivalents6.00888.0024.006 160.002 701.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:48.2%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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