DANSK BILSPEDITION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK BILSPEDITION A/S
DANSK BILSPEDITION A/S (CVR number: 16939544) is a company from Høje-Taastrup. The company recorded a gross profit of 3063 kDKK in 2023. The operating profit was -1189.4 kDKK, while net earnings were -951.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.8 %, which can be considered poor and Return on Equity (ROE) was -51.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. DANSK BILSPEDITION A/S's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 114.49 | 2 123.22 | 3 722.25 | 4 841.00 | 3 062.97 |
EBIT | - 206.16 | - 765.71 | 587.30 | 1 317.29 | -1 189.39 |
Net earnings | - 238.97 | - 537.20 | 290.19 | 974.59 | - 951.94 |
Shareholders equity total | 1 583.89 | 1 046.69 | 1 336.88 | 2 311.48 | 1 359.53 |
Balance sheet total (assets) | 4 308.09 | 4 375.51 | 6 228.81 | 6 240.22 | 4 104.63 |
Net debt | 207.21 | -94.40 | - 279.10 | - 922.33 | - 450.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.8 % | -17.6 % | 12.2 % | 21.1 % | -22.8 % |
ROE | -13.8 % | -40.8 % | 24.3 % | 53.4 % | -51.9 % |
ROI | -8.6 % | -36.6 % | 33.1 % | 52.7 % | -47.0 % |
Economic value added (EVA) | - 213.17 | - 605.93 | 393.00 | 1 053.57 | - 985.05 |
Solvency | |||||
Equity ratio | 42.7 % | 28.9 % | 26.5 % | 46.2 % | 37.8 % |
Gearing | 34.8 % | 45.4 % | 33.1 % | 12.2 % | 34.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.8 | 1.9 | 2.9 | 2.1 |
Current ratio | 1.5 | 1.3 | 1.4 | 1.8 | 1.6 |
Cash and cash equivalents | 344.46 | 569.47 | 721.05 | 1 205.34 | 919.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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