DAN REN SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 21778591
Vesterhavsgade 115, 6700 Esbjerg
info@danrenservice.dk
tel: 70701343
www.danrenservice.dk

Company information

Official name
DAN REN SERVICE A/S
Personnel
93 persons
Established
1999
Company form
Limited company
Industry

About DAN REN SERVICE A/S

DAN REN SERVICE A/S (CVR number: 21778591) is a company from ESBJERG. The company recorded a gross profit of 18.7 mDKK in 2023. The operating profit was 1763.7 kDKK, while net earnings were 1395.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.2 %, which can be considered excellent and Return on Equity (ROE) was 90.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. DAN REN SERVICE A/S's liquidity measured by quick ratio was 1.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 621.3712 568.6214 342.6514 614.3618 733.46
EBIT721.92519.98352.23770.271 763.67
Net earnings564.92406.89255.69609.161 395.87
Shareholders equity total- 170.37236.53492.221 101.381 997.25
Balance sheet total (assets)4 901.235 140.764 008.204 916.957 120.02
Net debt-2 660.35-1 494.17-1 272.38-1 746.09-2 641.11
Profitability
EBIT-%
ROA17.6 %10.7 %8.3 %17.8 %30.2 %
ROE15.0 %15.8 %70.2 %76.5 %90.1 %
ROI168.2 %50.4 %42.4 %94.9 %96.8 %
Economic value added (EVA)614.20546.05341.58642.241 407.54
Solvency
Equity ratio-3.4 %4.6 %12.4 %22.6 %28.1 %
Gearing25.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.20.91.01.2
Current ratio1.01.20.91.01.2
Cash and cash equivalents2 660.351 494.171 272.381 746.093 158.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:30.2%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.1%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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