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 1.2 mDKK in 2023, demonstrating a decline of -4 % compared to the previous year. The operating profit percentage was at 9.1 % (EBIT: 0.1 mDKK), while net earnings were -281.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55 %, 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 1.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 973.63 | 1 404.99 | 1 253.69 | 1 233.48 | 1 184.24 |
Gross profit | 3 029.83 | 1 028.63 | 1 210.62 | 653.48 | 445.45 |
EBIT | 2 608.26 | 719.37 | 872.09 | 320.94 | 108.17 |
Net earnings | 1 743.48 | 422.30 | 485.25 | 69.89 | - 281.05 |
Shareholders equity total | 13 473.96 | 12 196.26 | 12 681.51 | 12 751.40 | 12 470.35 |
Balance sheet total (assets) | 31 627.83 | 29 470.63 | 24 337.52 | 22 960.10 | 22 666.92 |
Net debt | 13 403.19 | 12 349.94 | 6 877.18 | 7 637.54 | 7 714.42 |
Profitability | |||||
EBIT-% | 87.7 % | 51.2 % | 69.6 % | 26.0 % | 9.1 % |
ROA | 7.8 % | 2.4 % | 3.3 % | 1.5 % | 0.5 % |
ROE | 13.8 % | 3.3 % | 3.9 % | 0.5 % | -2.2 % |
ROI | 8.1 % | 2.6 % | 3.5 % | 1.6 % | 0.5 % |
Economic value added (EVA) | 869.71 | - 780.60 | - 448.31 | - 726.20 | - 934.85 |
Solvency | |||||
Equity ratio | 42.6 % | 41.4 % | 52.1 % | 55.5 % | 55.0 % |
Gearing | 102.4 % | 111.7 % | 63.5 % | 62.3 % | 65.2 % |
Relative net indebtedness % | 524.2 % | 997.1 % | 678.3 % | 647.9 % | 670.4 % |
Liquidity | |||||
Quick ratio | 1.7 | 0.9 | 1.1 | 2.0 | 1.7 |
Current ratio | 1.7 | 0.9 | 1.1 | 2.0 | 1.7 |
Cash and cash equivalents | 390.95 | 1 272.66 | 1 174.37 | 303.81 | 422.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 108.0 | 6.2 | 4.9 | 123.8 | 128.9 |
Net working capital % | 55.8 % | -13.8 % | 18.0 % | 35.4 % | 32.4 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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