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DORTE MANDRUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DORTE MANDRUP A/S
DORTE MANDRUP A/S (CVR number: 21680605) is a company from KØBENHAVN. The company reported a net sales of 70.2 mDKK in 2024, demonstrating a decline of -9.7 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0.4 mDKK), while net earnings were 126.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DORTE MANDRUP A/S's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 59.78 | 65.14 | 78.37 | 77.69 | 70.19 |
| Gross profit | 40.10 | 44.11 | 50.30 | 58.96 | 50.36 |
| EBIT | 4.97 | 0.40 | 2.09 | 4.02 | 0.45 |
| Net earnings | 3.83 | 0.06 | 1.47 | 3.24 | 0.13 |
| Shareholders equity total | 6.78 | 4.84 | 6.31 | 7.95 | 7.06 |
| Balance sheet total (assets) | 32.05 | 23.79 | 26.53 | 32.29 | 24.09 |
| Net debt | -3.12 | -0.05 | -8.92 | -8.87 | -5.42 |
| Profitability | |||||
| EBIT-% | 8.3 % | 0.6 % | 2.7 % | 5.2 % | 0.6 % |
| ROA | 19.1 % | 1.8 % | 8.4 % | 15.1 % | 2.6 % |
| ROE | 78.9 % | 1.1 % | 26.4 % | 45.4 % | 1.7 % |
| ROI | 55.2 % | 4.7 % | 19.2 % | 34.2 % | 5.2 % |
| Economic value added (EVA) | 3.54 | -0.29 | 1.11 | 2.49 | -0.40 |
| Solvency | |||||
| Equity ratio | 22.2 % | 20.7 % | 24.6 % | 31.3 % | 30.5 % |
| Gearing | 0.1 % | 10.1 % | 0.2 % | 0.6 % | |
| Relative net indebtedness % | 29.1 % | 20.7 % | 7.5 % | 11.7 % | 6.4 % |
| Liquidity | |||||
| Quick ratio | 1.5 | 1.5 | 1.7 | 2.4 | 2.1 |
| Current ratio | 1.4 | 1.5 | 1.6 | 1.5 | 1.9 |
| Cash and cash equivalents | 3.13 | 0.54 | 8.92 | 8.88 | 5.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 100.2 | 63.6 | 44.0 | 44.2 | 35.2 |
| Net working capital % | 12.8 % | 9.0 % | 10.2 % | 11.2 % | 12.9 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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