DONG FINANCE ApS — Credit Rating and Financial Key Figures

CVR number: 31091977
Ibsensvej 19, 5000 Odense C

Company information

Official name
DONG FINANCE ApS
Established
2007
Company form
Private limited company
Industry

About DONG FINANCE ApS

DONG FINANCE ApS (CVR number: 31091977) is a company from ODENSE. The company recorded a gross profit of -5.5 kDKK in 2024. The operating profit was -5.5 kDKK, while net earnings were 277.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DONG FINANCE ApS's liquidity measured by quick ratio was 211.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit39.7041.9540.55-13.00-5.47
EBIT39.7041.9540.55-13.00-5.47
Net earnings2 736.253 506.093 032.363 783.60277.86
Shareholders equity total10 228.7315 380.3817 895.7121 679.3121 957.16
Balance sheet total (assets)10 249.6415 418.2817 942.3721 720.6822 061.36
Net debt- 106.77- 150.68-66.18-20.59
Profitability
EBIT-%
ROA30.5 %27.4 %18.3 %19.3 %1.6 %
ROE30.2 %27.4 %18.2 %19.1 %1.3 %
ROI30.6 %27.5 %18.3 %19.3 %1.6 %
Economic value added (EVA)- 364.72- 481.54- 741.55- 909.37-1 093.65
Solvency
Equity ratio99.8 %99.8 %99.7 %99.8 %99.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.14.01.40.5211.7
Current ratio5.14.01.40.5211.7
Cash and cash equivalents106.77150.6866.1820.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABB

Variable visualization

ROA:1.63%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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