DANSK BILGLAS A/S — Credit Rating and Financial Key Figures

CVR number: 84364711
Virkelyst 4, 9400 Nørresundby
kto@bilglas.dk
tel: 98175555

Company information

Official name
DANSK BILGLAS A/S
Personnel
106 persons
Established
1983
Company form
Limited company
Industry

About DANSK BILGLAS A/S

DANSK BILGLAS A/S (CVR number: 84364711) is a company from AALBORG. The company recorded a gross profit of 69 mDKK in 2024. The operating profit was 10.3 mDKK, while net earnings were 7917.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. DANSK BILGLAS A/S's liquidity measured by quick ratio was 1.1 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 profit56 556.9269 010.98
EBIT- 568.005 698.004 593.00255.9710 266.87
Net earnings- 781.004 120.003 256.00129.987 917.89
Shareholders equity total21 317.0025 437.0024 573.0024 702.9334 930.34
Balance sheet total (assets)54 279.0053 053.0047 143.0049 014.5456 039.41
Net debt7 811.582 554.32
Profitability
EBIT-%
ROA-1.1 %10.6 %9.2 %0.8 %19.7 %
ROE-3.6 %17.6 %13.0 %0.5 %26.6 %
ROI-1.1 %10.6 %9.2 %0.9 %25.4 %
Economic value added (EVA)-1 678.424 626.823 314.79-1 057.716 153.79
Solvency
Equity ratio100.0 %100.0 %100.0 %50.4 %62.3 %
Gearing38.8 %16.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.1
Current ratio1.32.2
Cash and cash equivalents1 781.563 166.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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