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
103 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 56.6 mDKK in 2023. The operating profit was 256 kDKK, while net earnings were 130 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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. DANSK BILGLAS A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit53 276.1056 556.92
EBIT1 325.00- 568.005 698.004 593.35255.97
Net earnings859.00- 781.004 120.003 255.65129.98
Shareholders equity total22 098.0021 317.0025 437.0024 572.9524 702.93
Balance sheet total (assets)51 899.0054 279.0053 053.0047 142.7149 014.54
Net debt7 475.407 811.58
Profitability
EBIT-%
ROA2.7 %-1.1 %10.6 %9.2 %0.8 %
ROE3.9 %-3.6 %17.6 %13.0 %0.5 %
ROI3.0 %-1.1 %10.6 %10.1 %1.0 %
Economic value added (EVA)-48.76-1 678.424 626.822 184.13-1 320.80
Solvency
Equity ratio100.0 %100.0 %100.0 %52.1 %50.4 %
Gearing38.1 %38.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.5
Current ratio1.91.3
Cash and cash equivalents1 890.011 781.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:0.76%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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