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
433 persons
Established
1987
Domicile
Håstrup
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About DANSK TRÆEMBALLAGE A/S

DANSK TRÆEMBALLAGE A/S (CVR number: 11826687) is a company from FAABORG-MIDTFYN. The company reported a net sales of 871.4 mDKK in 2023, demonstrating a decline of -29.2 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 83.5 mDKK), while net earnings were 105.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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 0.8 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
2019
2020
2021
2022
2023
Volume
Net sales727.56710.351 022.171 231.18871.37
Gross profit124.93139.47283.11369.89176.06
EBIT80.3965.97198.52270.9983.50
Net earnings84.4073.72217.21289.46105.14
Shareholders equity total281.37219.52438.15613.63609.02
Balance sheet total (assets)630.04631.19750.08891.67850.07
Net debt229.02251.57172.17121.95127.42
Profitability
EBIT-%11.0 %9.3 %19.4 %22.0 %9.6 %
ROA17.1 %15.2 %38.7 %43.3 %15.9 %
ROE33.7 %29.4 %66.1 %55.0 %17.2 %
ROI19.7 %17.7 %45.5 %48.5 %17.4 %
Economic value added (EVA)52.1638.63142.21197.4156.04
Solvency
Equity ratio44.7 %34.8 %58.4 %68.8 %71.6 %
Gearing81.5 %120.4 %39.3 %28.5 %23.3 %
Relative net indebtedness %46.4 %54.3 %29.3 %17.4 %24.7 %
Liquidity
Quick ratio0.61.01.41.10.8
Current ratio1.22.02.61.81.5
Cash and cash equivalents0.1812.840.0653.2214.61
Capital use efficiency
Trade debtors turnover (days)61.160.566.549.056.3
Net working capital %5.2 %18.2 %20.7 %15.1 %11.6 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:15.9%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-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

Companies in the same industry

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