DANFOSS DISTRIBUTION SERVICES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANFOSS DISTRIBUTION SERVICES A/S
DANFOSS DISTRIBUTION SERVICES A/S (CVR number: 26438810) is a company from AABENRAA. The company reported a net sales of 396.1 mDKK in 2024, demonstrating a growth of 4 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 22.4 mDKK), while net earnings were 21.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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. DANFOSS DISTRIBUTION SERVICES A/S's liquidity measured by quick ratio was 1.7 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 | 427.45 | 535.88 | 525.92 | 381.08 | 396.14 |
Gross profit | 144.79 | 161.21 | 133.39 | 108.05 | 103.64 |
EBIT | 13.18 | 36.16 | 14.54 | 5.47 | 22.41 |
Net earnings | 11.13 | 26.05 | 9.08 | 7.15 | 21.63 |
Shareholders equity total | 58.16 | 84.22 | 93.30 | 92.36 | 106.84 |
Balance sheet total (assets) | 272.95 | 344.13 | 315.30 | 263.45 | 290.27 |
Net debt | |||||
Profitability | |||||
EBIT-% | 3.1 % | 6.7 % | 2.8 % | 1.4 % | 5.7 % |
ROA | 6.2 % | 12.1 % | 5.1 % | 3.9 % | 10.8 % |
ROE | 21.2 % | 36.6 % | 10.2 % | 7.7 % | 21.7 % |
ROI | 11.6 % | 23.7 % | 10.1 % | 6.9 % | 18.4 % |
Economic value added (EVA) | 3.57 | 21.38 | 3.59 | -3.49 | 10.14 |
Solvency | |||||
Equity ratio | 21.3 % | 24.5 % | 29.6 % | 35.1 % | 36.8 % |
Gearing | |||||
Relative net indebtedness % | 49.4 % | 47.8 % | 41.5 % | 44.2 % | 45.7 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 1.6 | 1.8 | 1.7 |
Current ratio | 1.5 | 1.5 | 1.6 | 1.8 | 1.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.0 | 0.9 | 0.0 | 0.0 | 0.0 |
Net working capital % | 13.8 % | 15.7 % | 16.8 % | 21.4 % | 21.4 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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