DANMAX HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 83.44 | 250.53 | 238.75 | 238.75 | -2.87 |
EBIT | 37.78 | 204.88 | 193.09 | 193.09 | -48.53 |
Net earnings | 466.37 | 1 660.71 | 1 769.26 | - 489.50 | 755.35 |
Shareholders equity total | 3 846.09 | 5 506.80 | 7 276.07 | 7 132.09 | 6 671.77 |
Balance sheet total (assets) | 10 121.98 | 12 128.90 | 12 473.79 | 12 469.50 | 12 650.86 |
Net debt | 54.12 | -1 473.15 | -2 148.04 | -2 039.40 | - 983.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.9 % | 19.6 % | 17.0 % | 1.7 % | 7.8 % |
ROE | 12.9 % | 35.5 % | 27.7 % | -6.8 % | 10.9 % |
ROI | 8.0 % | 20.1 % | 17.7 % | 1.8 % | 8.1 % |
Economic value added (EVA) | 66.89 | 155.47 | 172.33 | 113.77 | -31.21 |
Solvency | |||||
Equity ratio | 38.0 % | 45.4 % | 58.3 % | 57.2 % | 52.7 % |
Gearing | 148.4 % | 100.8 % | 57.1 % | 65.3 % | 84.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 2.1 | 1.8 | 1.6 |
Current ratio | 1.4 | 1.7 | 2.1 | 1.8 | 1.6 |
Cash and cash equivalents | 5 653.66 | 7 025.78 | 6 299.21 | 6 696.71 | 6 634.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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