DAKA DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAKA DENMARK A/S
DAKA DENMARK A/S (CVR number: 33776039) is a company from HEDENSTED. The company reported a net sales of 678.4 mDKK in 2023, demonstrating a decline of -43.1 % compared to the previous year. The operating profit percentage was poor at -10.4 % (EBIT: -70.5 mDKK), while net earnings were -40.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DAKA DENMARK A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 851.59 | 951.12 | 1 027.41 | 1 191.60 | 678.40 |
Gross profit | 232.83 | 320.34 | 287.71 | 142.52 | 31.71 |
EBIT | 232.83 | 320.34 | 287.71 | 5.63 | -70.53 |
Net earnings | 19.18 | -40.09 | |||
Shareholders equity total | 363.04 | 413.56 | 375.14 | 285.04 | 245.52 |
Balance sheet total (assets) | 733.27 | 707.24 | 682.58 | 677.82 | 518.72 |
Net debt | 247.70 | 144.90 | |||
Profitability | |||||
EBIT-% | 27.3 % | 33.7 % | 28.0 % | 0.5 % | -10.4 % |
ROA | 30.8 % | 44.5 % | 41.4 % | 4.1 % | -8.0 % |
ROE | 5.8 % | -15.1 % | |||
ROI | 33.8 % | 44.5 % | 41.4 % | 4.6 % | -10.3 % |
Economic value added (EVA) | 212.40 | 302.10 | 266.93 | -15.51 | -70.64 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 42.1 % | 47.3 % |
Gearing | 86.9 % | 59.0 % | |||
Relative net indebtedness % | 33.0 % | 40.3 % | |||
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | |||
Current ratio | 0.9 | 0.8 | |||
Cash and cash equivalents | 0.02 | 0.03 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.3 | 43.8 | |||
Net working capital % | -3.6 % | -6.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | BBB |
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