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 77.7 mDKK in 2023, demonstrating a decline of -0.9 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 4 mDKK), while net earnings were 3238.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 45.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.3 %, 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 2.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 41.45 | 59.78 | 65.14 | 78.37 | 77.69 |
Gross profit | 28.13 | 40.10 | 44.11 | 50.30 | 58.96 |
EBIT | 0.29 | 4.97 | 0.40 | 2.09 | 4.02 |
Net earnings | 0.11 | 3.83 | 0.06 | 1.47 | 3.24 |
Shareholders equity total | 2.94 | 6.78 | 4.84 | 6.31 | 7.95 |
Balance sheet total (assets) | 20.40 | 32.05 | 23.79 | 26.53 | 32.29 |
Net debt | -6.27 | -3.12 | -0.05 | -8.92 | -8.88 |
Profitability | |||||
EBIT-% | 0.7 % | 8.3 % | 0.6 % | 2.7 % | 5.2 % |
ROA | 1.5 % | 19.1 % | 1.8 % | 8.4 % | 15.1 % |
ROE | 2.5 % | 78.9 % | 1.1 % | 26.4 % | 45.4 % |
ROI | 3.8 % | 55.2 % | 4.7 % | 19.2 % | 34.2 % |
Economic value added (EVA) | 0.24 | 4.04 | 0.10 | 1.41 | 3.21 |
Solvency | |||||
Equity ratio | 14.5 % | 22.2 % | 20.7 % | 24.6 % | 31.3 % |
Gearing | 0.0 % | 0.1 % | 10.1 % | 0.0 % | |
Relative net indebtedness % | 18.2 % | 29.1 % | 20.7 % | 7.5 % | 11.7 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 1.5 | 1.7 | 2.4 |
Current ratio | 1.5 | 1.4 | 1.5 | 1.6 | 1.5 |
Cash and cash equivalents | 6.27 | 3.13 | 0.54 | 8.92 | 8.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.1 | 100.2 | 63.6 | 44.0 | 44.2 |
Net working capital % | 14.4 % | 12.8 % | 9.0 % | 10.2 % | 11.2 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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