K/S DANSKIB 83 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S DANSKIB 83
K/S DANSKIB 83 (CVR number: 32151442) is a company from KØBENHAVN. The company reported a net sales of 25.6 mDKK in 2023, demonstrating a decline of -48.4 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 0.8 mDKK), while net earnings were -1303.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. K/S DANSKIB 83's liquidity measured by quick ratio was 3.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 43 521.95 | 35 740.73 | 95 185.41 | 49 604.91 | 25 592.63 |
Gross profit | 8 106.51 | 5 534.19 | 33 227.97 | 29 917.53 | 3 596.41 |
EBIT | -9 886.69 | - 648.81 | 71 069.98 | 10 887.09 | 752.66 |
Net earnings | -14 997.94 | 696.25 | 66 776.74 | 6 634.96 | -1 303.92 |
Shareholders equity total | 19 185.10 | 21 906.35 | 85 669.27 | 79 837.95 | 72 074.03 |
Balance sheet total (assets) | 73 935.48 | 65 702.98 | 120 044.09 | 110 353.65 | 103 579.67 |
Net debt | 49 182.64 | 40 456.37 | 19 751.84 | 11 539.70 | 14 392.00 |
Profitability | |||||
EBIT-% | -22.7 % | -1.8 % | 74.7 % | 21.9 % | 2.9 % |
ROA | -11.8 % | 5.1 % | 77.2 % | 9.6 % | 1.8 % |
ROE | -56.2 % | 3.4 % | 124.1 % | 8.0 % | -1.7 % |
ROI | -12.2 % | 5.3 % | 78.1 % | 9.6 % | 1.8 % |
Economic value added (EVA) | -13 926.76 | -3 420.50 | 68 539.14 | 5 846.53 | -3 566.52 |
Solvency | |||||
Equity ratio | 25.9 % | 33.3 % | 71.4 % | 72.3 % | 69.6 % |
Gearing | 271.7 % | 195.0 % | 39.0 % | 37.8 % | 43.2 % |
Relative net indebtedness % | 119.0 % | 116.2 % | 21.8 % | 23.9 % | 57.7 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 3.6 | 4.1 | 3.7 |
Current ratio | 0.5 | 0.4 | 3.6 | 4.1 | 3.7 |
Cash and cash equivalents | 2 947.62 | 2 253.55 | 13 638.44 | 18 635.48 | 16 731.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.9 | 5.0 | |||
Net working capital % | -19.6 % | -21.9 % | 16.4 % | 35.4 % | 55.0 % |
Credit risk | |||||
Credit rating | BBB | AA | A | AA | A |
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