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 1.5 mDKK in 2024, demonstrating a growth of 9.9 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 0.2 mDKK), while net earnings were 117.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 309.98 | 1 380.67 | 1 517.86 | ||
Gross profit | 957.30 | 921.35 | 903.34 | 801.91 | |
EBIT | - 212.17 | -6.63 | -4.60 | 64.24 | 156.09 |
Net earnings | - 214.49 | -10.21 | -25.21 | 37.99 | 117.42 |
Shareholders equity total | 681.63 | 671.41 | 646.20 | 684.19 | 801.61 |
Balance sheet total (assets) | 1 325.64 | 1 258.18 | 1 161.86 | 1 092.90 | 1 052.55 |
Net debt | 193.15 | 25.02 | 42.83 | 22.62 | - 141.82 |
Profitability | |||||
EBIT-% | -0.4 % | 4.7 % | 10.3 % | ||
ROA | -14.4 % | -0.5 % | -0.4 % | 5.7 % | 14.6 % |
ROE | -27.2 % | -1.5 % | -3.8 % | 5.7 % | 15.8 % |
ROI | -17.1 % | -0.6 % | -0.5 % | 6.7 % | 17.1 % |
Economic value added (EVA) | - 278.19 | -64.97 | -54.22 | 1.11 | 74.93 |
Solvency | |||||
Equity ratio | 51.4 % | 53.4 % | 55.6 % | 62.6 % | 76.2 % |
Gearing | 70.3 % | 47.1 % | 50.9 % | 36.2 % | 12.1 % |
Relative net indebtedness % | 17.5 % | 13.3 % | 0.8 % | ||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.6 | 0.7 | 1.3 |
Current ratio | 0.7 | 0.7 | 0.7 | 0.9 | 1.4 |
Cash and cash equivalents | 286.11 | 291.15 | 286.04 | 225.01 | 239.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.6 | 17.6 | 20.1 | ||
Net working capital % | -10.2 % | -3.2 % | 7.2 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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