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DAMGAARD AF 1981 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAMGAARD AF 1981 ApS
DAMGAARD AF 1981 ApS (CVR number: 27524265) is a company from Høje-Taastrup. The company reported a net sales of 1.1 mDKK in 2024, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 18 % (EBIT: 0.2 mDKK), while net earnings were -119.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. DAMGAARD AF 1981 ApS's liquidity measured by quick ratio was 1.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 404.99 | 1 253.69 | 1 233.48 | 1 184.24 | 1 123.23 |
| Gross profit | 1 028.63 | 1 210.62 | 653.48 | 445.45 | 537.63 |
| EBIT | 719.37 | 872.09 | 320.94 | 108.17 | 202.27 |
| Net earnings | 422.30 | 485.25 | 69.89 | - 281.05 | - 119.95 |
| Shareholders equity total | 12 196.26 | 12 681.51 | 12 751.40 | 12 470.35 | 12 350.40 |
| Balance sheet total (assets) | 29 470.63 | 24 337.52 | 22 960.10 | 22 666.92 | 22 529.46 |
| Net debt | 12 349.94 | 6 877.18 | 7 637.54 | 7 714.42 | 7 446.48 |
| Profitability | |||||
| EBIT-% | 51.2 % | 69.6 % | 26.0 % | 9.1 % | 18.0 % |
| ROA | 2.4 % | 3.3 % | 1.5 % | 0.5 % | 0.9 % |
| ROE | 3.3 % | 3.9 % | 0.5 % | -2.2 % | -1.0 % |
| ROI | 2.6 % | 3.5 % | 1.6 % | 0.5 % | 0.9 % |
| Economic value added (EVA) | - 915.85 | - 628.96 | - 891.12 | -1 051.55 | - 969.75 |
| Solvency | |||||
| Equity ratio | 41.4 % | 52.1 % | 55.5 % | 55.0 % | 54.8 % |
| Gearing | 111.7 % | 63.5 % | 62.3 % | 65.2 % | 65.5 % |
| Relative net indebtedness % | 997.1 % | 678.3 % | 647.9 % | 670.4 % | 688.9 % |
| Liquidity | |||||
| Quick ratio | 0.9 | 1.1 | 2.0 | 1.7 | 1.4 |
| Current ratio | 0.9 | 1.1 | 2.0 | 1.7 | 1.4 |
| Cash and cash equivalents | 1 272.66 | 1 174.37 | 303.81 | 422.28 | 640.14 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 6.2 | 4.9 | 123.8 | 128.9 | 121.9 |
| Net working capital % | -13.8 % | 18.0 % | 35.4 % | 32.4 % | 27.2 % |
| Credit risk | |||||
| Credit rating | AA | AA | A | A | A |
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