DENCON A/S — Credit Rating and Financial Key Figures

CVR number: 26918111
Skyttevej 21, 7800 Skive
dencon@dencon.dk
tel: 97510575
Free credit report Annual report

Company information

Official name
DENCON A/S
Personnel
44 persons
Established
2002
Company form
Limited company
Industry

About DENCON A/S

DENCON A/S (CVR number: 26918111) is a company from SKIVE. The company recorded a gross profit of 18.3 mDKK in 2024. The operating profit was 4733 kDKK, while net earnings were 3132 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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. DENCON A/S's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 463.0019 482.0018 085.0016 479.0018 307.00
EBIT4 461.001 800.00- 391.001 364.004 733.00
Net earnings3 260.001 111.00-1 532.00400.003 132.00
Shareholders equity total27 014.0027 215.0024 732.0023 123.0026 255.00
Balance sheet total (assets)56 311.0054 342.0058 510.0053 711.0051 894.00
Net debt21 955.0019 372.0012 539.00
Profitability
EBIT-%
ROA8.6 %3.3 %-0.7 %2.6 %9.0 %
ROE12.4 %4.1 %-5.9 %1.7 %12.7 %
ROI8.6 %3.3 %-0.7 %2.9 %10.3 %
Economic value added (EVA)3 170.63442.55-1 670.39-1 577.441 322.50
Solvency
Equity ratio100.0 %100.0 %42.3 %43.1 %50.6 %
Gearing89.3 %84.0 %58.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.71.2
Current ratio1.92.13.1
Cash and cash equivalents136.0062.002 770.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:8.99%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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