DANVÆGT A/S — Credit Rating and Financial Key Figures

CVR number: 58385816
Navervej 26, 8382 Hinnerup
danvaegt@danvaegt.dk
tel: 86985577

Credit rating

Company information

Official name
DANVÆGT A/S
Personnel
30 persons
Established
1983
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DANVÆGT A/S

DANVÆGT A/S (CVR number: 58385816) is a company from FAVRSKOV. The company recorded a gross profit of 22.3 mDKK in 2024. The operating profit was 3780.1 kDKK, while net earnings were 2811.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. DANVÆGT 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit17 554.6619 908.8317 882.3220 251.1022 272.10
EBIT3 184.034 415.472 646.663 987.843 780.05
Net earnings2 413.863 366.841 969.072 968.012 811.07
Shareholders equity total11 758.7513 133.9612 103.0313 071.0412 982.11
Balance sheet total (assets)29 249.0626 203.3923 968.5325 669.3725 106.91
Net debt-6 741.08-2 447.761 359.43-2 536.06-3 169.03
Profitability
EBIT-%
ROA12.3 %16.0 %10.7 %16.2 %15.1 %
ROE21.4 %27.1 %15.6 %23.6 %21.6 %
ROI19.7 %25.3 %15.8 %24.0 %22.5 %
Economic value added (EVA)2 179.403 469.201 738.202 656.102 656.41
Solvency
Equity ratio45.8 %53.0 %57.9 %55.4 %57.6 %
Gearing49.0 %31.3 %33.2 %30.6 %28.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.41.51.51.4
Current ratio1.51.81.81.81.7
Cash and cash equivalents12 506.706 554.922 656.296 533.756 825.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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