DK POLSTRING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DK POLSTRING ApS
DK POLSTRING ApS (CVR number: 33504381) is a company from KØBENHAVN. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a growth of 5.4 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 0.1 mDKK), while net earnings were 38 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. DK POLSTRING ApS'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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 867.49 | 1 309.98 | 1 380.67 | ||
Gross profit | 980.98 | 957.30 | 921.35 | 903.34 | |
EBIT | 249.16 | - 212.17 | -6.63 | -4.60 | 64.24 |
Net earnings | 176.55 | - 214.49 | -10.21 | -25.21 | 37.99 |
Shareholders equity total | 896.11 | 681.63 | 671.41 | 646.20 | 684.19 |
Balance sheet total (assets) | 1 618.74 | 1 325.64 | 1 258.18 | 1 161.86 | 1 092.90 |
Net debt | - 216.82 | 193.15 | 25.02 | 42.83 | 22.62 |
Profitability | |||||
EBIT-% | 13.3 % | -0.4 % | 4.7 % | ||
ROA | 15.4 % | -14.4 % | -0.5 % | -0.4 % | 5.7 % |
ROE | 20.5 % | -27.2 % | -1.5 % | -3.8 % | 5.7 % |
ROI | 18.9 % | -17.1 % | -0.6 % | -0.5 % | 6.7 % |
Economic value added (EVA) | 213.00 | - 187.75 | 14.50 | 17.30 | 73.02 |
Solvency | |||||
Equity ratio | 55.4 % | 51.4 % | 53.4 % | 55.6 % | 62.6 % |
Gearing | 46.6 % | 70.3 % | 47.1 % | 50.9 % | 36.2 % |
Relative net indebtedness % | 4.7 % | 17.5 % | 13.3 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 0.5 | 0.6 | 0.6 | 0.7 |
Current ratio | 1.0 | 0.7 | 0.7 | 0.7 | 0.9 |
Cash and cash equivalents | 634.59 | 286.11 | 291.15 | 286.04 | 225.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.9 | 2.6 | 17.6 | ||
Net working capital % | -1.6 % | -10.2 % | -3.2 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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