DANCOVER A/S — Credit Rating and Financial Key Figures

CVR number: 10148014
Nordre Strandvej 119 A, 3150 Hellebæk
tel: 70267620
www.dancovershop.com

Credit rating

Company information

Official name
DANCOVER A/S
Personnel
63 persons
Established
2003
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About DANCOVER A/S

DANCOVER A/S (CVR number: 10148014) is a company from HELSINGØR. The company recorded a gross profit of 49.1 mDKK in 2023. The operating profit was 19.2 mDKK, while net earnings were 14 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 46.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, 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. DANCOVER A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit37 930.6651 789.2767 050.6841 162.3049 100.51
EBIT4 682.6223 140.2839 749.7510 530.3519 195.56
Net earnings3 185.4917 535.0730 722.757 353.6213 993.65
Shareholders equity total12 702.5130 237.5831 260.3330 613.9530 107.59
Balance sheet total (assets)38 706.2154 711.3972 302.1786 744.7360 667.37
Net debt11 195.76-22 100.988 208.7433 572.06-13 878.88
Profitability
EBIT-%
ROA12.5 %49.5 %62.7 %13.4 %26.3 %
ROE25.3 %81.7 %99.9 %23.8 %46.1 %
ROI19.8 %80.8 %106.4 %18.9 %38.0 %
Economic value added (EVA)3 166.3417 451.6030 606.056 850.3113 621.40
Solvency
Equity ratio33.4 %58.9 %46.2 %35.9 %52.2 %
Gearing104.2 %0.9 %41.1 %123.4 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.30.30.20.8
Current ratio1.52.21.61.52.0
Cash and cash equivalents2 040.2622 384.414 641.854 206.5014 152.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:26.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

Companies in the same industry

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