DANMAX HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 28894554
Lystrupvej 11, 9560 Hadsund

Company information

Official name
DANMAX HOLDING A/S
Established
2005
Company form
Limited company
Industry

About DANMAX HOLDING A/S

DANMAX HOLDING A/S (CVR number: 28894554) is a company from MARIAGERFJORD. The company recorded a gross profit of -2.9 kDKK in 2023. The operating profit was -48.5 kDKK, while net earnings were 755.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.7 %, 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. DANMAX HOLDING 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit83.44250.53238.75238.75-2.87
EBIT37.78204.88193.09193.09-48.53
Net earnings466.371 660.711 769.26- 489.50755.35
Shareholders equity total3 846.095 506.807 276.077 132.096 671.77
Balance sheet total (assets)10 121.9812 128.9012 473.7912 469.5012 650.86
Net debt54.12-1 473.15-2 148.04-2 039.40- 983.24
Profitability
EBIT-%
ROA7.9 %19.6 %17.0 %1.7 %7.8 %
ROE12.9 %35.5 %27.7 %-6.8 %10.9 %
ROI8.0 %20.1 %17.7 %1.8 %8.1 %
Economic value added (EVA)66.89155.47172.33113.77-31.21
Solvency
Equity ratio38.0 %45.4 %58.3 %57.2 %52.7 %
Gearing148.4 %100.8 %57.1 %65.3 %84.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.72.11.81.6
Current ratio1.41.72.11.81.6
Cash and cash equivalents5 653.667 025.786 299.216 696.716 634.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.76%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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