DAMCOS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAMCOS A/S
DAMCOS A/S (CVR number: 49698119) is a company from NÆSTVED. The company reported a net sales of 516.2 mDKK in 2024, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 15.1 % (EBIT: 77.9 mDKK), while net earnings were 57.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61 %, 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. DAMCOS A/S's liquidity measured by quick ratio was 1.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 326.14 | 282.39 | 368.00 | 522.93 | 516.19 |
Gross profit | 128.83 | 107.79 | 132.13 | 190.28 | 192.31 |
EBIT | 53.82 | 37.05 | 56.19 | 86.04 | 77.92 |
Net earnings | 40.46 | 27.59 | 45.72 | 67.14 | 57.68 |
Shareholders equity total | 405.00 | 392.59 | 248.30 | 275.44 | 273.12 |
Balance sheet total (assets) | 531.99 | 493.43 | 371.31 | 399.42 | 464.93 |
Net debt | 55.39 | 45.58 | 117.65 | ||
Profitability | |||||
EBIT-% | 16.5 % | 13.1 % | 15.3 % | 16.5 % | 15.1 % |
ROA | 9.7 % | 7.2 % | 14.5 % | 24.7 % | 24.4 % |
ROE | 9.9 % | 6.9 % | 14.3 % | 25.6 % | 21.0 % |
ROI | 9.7 % | 7.2 % | 15.6 % | 30.0 % | 29.2 % |
Economic value added (EVA) | 32.99 | 16.70 | 21.36 | 57.04 | 48.02 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 68.1 % | 71.5 % | 61.0 % |
Gearing | 22.3 % | 16.5 % | 43.1 % | ||
Relative net indebtedness % | 32.1 % | 22.8 % | 36.2 % | ||
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 1.6 | ||
Current ratio | 2.1 | 2.3 | 1.8 | ||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.2 | 49.4 | 47.2 | ||
Net working capital % | 35.9 % | 30.3 % | 28.5 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | AAA | AAA | AAA |
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