DANSK TRÆEMBALLAGE A/S — Credit Rating and Financial Key Figures

CVR number: 11826687
Banevej 3, Håstrup 5600 Faaborg
dte@dte.dk
tel: 62681323

Credit rating

Company information

Official name
DANSK TRÆEMBALLAGE A/S
Personnel
474 persons
Established
1987
Domicile
Håstrup
Company form
Limited company
Industry

About DANSK TRÆEMBALLAGE A/S

DANSK TRÆEMBALLAGE A/S (CVR number: 11826687K) is a company from FAABORG-MIDTFYN. The company reported a net sales of 1244.8 mDKK in 2024, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 7.9 % (EBIT: 97.8 mDKK), while net earnings were 75.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANSK TRÆEMBALLAGE A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales966.301 371.591 671.421 261.001 244.78
Gross profit205.81397.58501.64277.43231.26
EBIT101.64279.26369.50148.1297.82
Net earnings74.19218.22290.95105.7175.36
Shareholders equity total222.84442.34619.05609.98572.36
Balance sheet total (assets)656.87789.80853.59830.85904.39
Net debt211.25113.12-13.147.84148.46
Profitability
EBIT-%10.5 %20.4 %22.1 %11.7 %7.9 %
ROA15.9 %39.6 %46.1 %19.1 %12.1 %
ROE29.6 %66.4 %55.3 %17.3 %12.8 %
ROI19.5 %49.5 %56.2 %23.1 %14.5 %
Economic value added (EVA)47.43191.48255.7569.6040.26
Solvency
Equity ratio33.9 %56.0 %72.5 %73.4 %63.3 %
Gearing108.7 %34.3 %7.5 %5.5 %27.7 %
Relative net indebtedness %39.7 %21.0 %9.2 %12.9 %23.4 %
Liquidity
Quick ratio1.41.92.01.60.9
Current ratio2.43.13.32.71.6
Cash and cash equivalents30.9638.7759.3025.569.90
Capital use efficiency
Trade debtors turnover (days)61.869.052.359.763.6
Net working capital %21.0 %24.9 %22.2 %21.7 %12.8 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member
Chief executive officer
Chief executive officer

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