EG Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 84667811
Lautrupvang 24, 2750 Ballerup

Company information

Official name
EG Danmark A/S
Personnel
877 persons
Established
1978
Company form
Limited company
Industry

About EG Danmark A/S

EG Danmark A/S (CVR number: 84667811K) is a company from BALLERUP. The company reported a net sales of 1037 mDKK in 2023, demonstrating a growth of 6.5 % compared to the previous year. The operating profit percentage was poor at -6.8 % (EBIT: -70 mDKK), while net earnings were -88 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.8 %, 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. EG Danmark A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 254.00570.00915.00974.001 037.00
Gross profit1 070.00517.00789.00820.00832.00
EBIT15.00- 139.00- 172.00- 135.00-70.00
Net earnings-53.00- 252.00-34.00-93.00-88.00
Shareholders equity total247.003 867.003 726.003 591.003 184.00
Balance sheet total (assets)2 172.005 469.005 727.005 756.006 530.00
Net debt902.00852.001 149.001 442.002 071.00
Profitability
EBIT-%1.2 %-24.4 %-18.8 %-13.9 %-6.8 %
ROA0.8 %-0.5 %-2.8 %-2.1 %-1.0 %
ROE-29.4 %-12.3 %-0.9 %-2.5 %-2.6 %
ROI1.1 %-0.6 %-3.1 %-2.3 %-1.1 %
Economic value added (EVA)-15.61- 148.06- 216.01- 232.54- 175.72
Solvency
Equity ratio11.4 %70.7 %65.1 %62.4 %48.8 %
Gearing422.3 %24.5 %31.0 %40.2 %82.8 %
Relative net indebtedness %142.3 %264.4 %217.9 %222.0 %268.2 %
Liquidity
Quick ratio0.40.40.50.40.9
Current ratio0.40.40.50.40.9
Cash and cash equivalents141.0095.007.003.00565.00
Capital use efficiency
Trade debtors turnover (days)58.375.445.058.4
Net working capital %-59.8 %-98.2 %-74.6 %-87.9 %-17.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-0.98%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.8%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Chief executive officer

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