DUUSGAARD COATING ApS — Credit Rating and Financial Key Figures

CVR number: 14444645
Skibsbyggerkaj 4, 9850 Hirtshals
info@duusgaard.dk
tel: 98942803

Credit rating

Company information

Official name
DUUSGAARD COATING ApS
Personnel
8 persons
Established
1990
Company form
Private limited company
Industry

About DUUSGAARD COATING ApS

DUUSGAARD COATING ApS (CVR number: 14444645) is a company from HJØRRING. The company recorded a gross profit of 5500 kDKK in 2024. The operating profit was 1020.9 kDKK, while net earnings were 561.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DUUSGAARD COATING ApS's liquidity measured by quick ratio was 0.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 645.414 450.683 643.054 552.755 500.04
EBIT- 219.31305.47- 504.49800.311 020.87
Net earnings- 220.61159.52- 499.70332.81561.91
Shareholders equity total2 492.652 652.172 152.472 485.283 047.19
Balance sheet total (assets)8 350.027 458.859 644.469 977.0310 199.66
Net debt3 876.702 225.342 964.044 890.694 549.76
Profitability
EBIT-%
ROA-2.5 %3.9 %-5.9 %8.2 %10.2 %
ROE-8.5 %6.2 %-20.8 %14.4 %20.3 %
ROI-3.2 %4.9 %-9.1 %12.0 %12.6 %
Economic value added (EVA)- 495.20- 120.77- 674.30342.78396.87
Solvency
Equity ratio29.9 %35.6 %22.3 %24.9 %29.9 %
Gearing155.6 %84.0 %138.0 %196.8 %149.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.30.50.6
Current ratio0.50.40.40.60.7
Cash and cash equivalents0.981.725.740.520.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.9%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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