COMBIPACK DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 25472098
Brandsbjerg 4, 4400 Kalundborg

Credit rating

Company information

Official name
COMBIPACK DANMARK A/S
Personnel
13 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About COMBIPACK DANMARK A/S

COMBIPACK DANMARK A/S (CVR number: 25472098) is a company from KALUNDBORG. The company recorded a gross profit of 2398.3 kDKK in 2023. The operating profit was 500.7 kDKK, while net earnings were 308.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 27 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. COMBIPACK DANMARK A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit6 325.379 194.855 510.622 107.892 398.26
EBIT2 113.00- 314.31- 319.61-30.16500.74
Net earnings900.81- 653.66- 789.63142.31308.40
Shareholders equity total11 288.6610 635.009 845.37987.681 296.08
Balance sheet total (assets)41 832.4937 194.9717 577.3110 903.669 381.88
Net debt19 545.3517 345.18259.502 260.042 076.46
Profitability
EBIT-%
ROA5.4 %-0.8 %-0.4 %2.1 %6.1 %
ROE8.3 %-6.0 %-7.7 %2.6 %27.0 %
ROI6.2 %-0.9 %-0.5 %4.2 %14.4 %
Economic value added (EVA)396.02-1 614.79-1 524.54- 517.88379.11
Solvency
Equity ratio28.8 %30.1 %56.3 %9.2 %14.1 %
Gearing187.5 %175.1 %2.6 %305.7 %244.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.82.40.50.5
Current ratio0.70.52.40.50.5
Cash and cash equivalents1 625.501 277.58759.091 089.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:6.08%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.1%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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