DANSK TAVLE TEKNIK A/S — Credit Rating and Financial Key Figures

CVR number: 24224457
Industrivej 11, 3000 Helsingør
dtt@eltavler.dk
tel: 49266971

Credit rating

Company information

Official name
DANSK TAVLE TEKNIK A/S
Personnel
46 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About DANSK TAVLE TEKNIK A/S

DANSK TAVLE TEKNIK A/S (CVR number: 24224457) is a company from HELSINGØR. The company recorded a gross profit of 24.9 mDKK in 2023. The operating profit was 4863.1 kDKK, while net earnings were 3564.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 32 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36 %, 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. DANSK TAVLE TEKNIK A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit19 979.6521 235.2020 358.7121 826.7424 924.11
EBIT2 967.003 212.223 111.313 607.604 863.09
Net earnings2 305.302 516.742 430.922 737.813 564.48
Shareholders equity total8 240.1610 756.9010 430.9210 737.8111 564.48
Balance sheet total (assets)19 431.5021 730.8018 487.0027 272.6832 091.37
Net debt5 147.31-5 150.412 783.3112 775.559 598.35
Profitability
EBIT-%
ROA12.6 %15.8 %15.7 %15.8 %16.4 %
ROE25.1 %26.5 %22.9 %25.9 %32.0 %
ROI16.1 %26.7 %26.0 %19.5 %21.4 %
Economic value added (EVA)1 448.962 090.872 144.832 288.863 252.23
Solvency
Equity ratio43.5 %50.2 %56.4 %39.5 %36.0 %
Gearing62.5 %26.7 %119.0 %83.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.40.91.0
Current ratio1.72.02.31.61.6
Cash and cash equivalents1.505 150.410.260.260.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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