DUNLOP HIFLEX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DUNLOP HIFLEX A/S
DUNLOP HIFLEX A/S (CVR number: 69800211) is a company from KOLDING. The company reported a net sales of 89.8 mDKK in 2024, demonstrating a growth of 2.9 % compared to the previous year. The operating profit percentage was poor at -2.4 % (EBIT: -2.2 mDKK), while net earnings were -1481.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49 %, 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. DUNLOP HIFLEX A/S's liquidity measured by quick ratio was 1.5 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 89.36 | 94.00 | 87.04 | 87.28 | 89.80 |
Gross profit | 22.88 | 26.56 | 21.86 | 21.14 | 21.80 |
EBIT | 4.39 | 4.47 | -1.85 | -1.40 | -2.17 |
Net earnings | 2.71 | 3.39 | -0.91 | -1.22 | -1.48 |
Shareholders equity total | 30.33 | 33.73 | 26.82 | 25.59 | 24.11 |
Balance sheet total (assets) | 54.28 | 54.02 | 46.04 | 55.16 | 49.15 |
Net debt | -3.27 | -5.41 | 5.35 | 15.45 | 13.07 |
Profitability | |||||
EBIT-% | 4.9 % | 4.8 % | -2.1 % | -1.6 % | -2.4 % |
ROA | 10.2 % | 8.4 % | -2.0 % | -2.1 % | -1.5 % |
ROE | 9.4 % | 10.6 % | -3.0 % | -4.7 % | -6.0 % |
ROI | 11.7 % | 9.8 % | -2.4 % | -2.5 % | -1.7 % |
Economic value added (EVA) | 1.82 | 1.14 | -3.67 | -3.05 | -4.12 |
Solvency | |||||
Equity ratio | 55.9 % | 62.4 % | 58.2 % | 46.4 % | 49.0 % |
Gearing | 52.7 % | 31.6 % | 45.1 % | 88.6 % | 79.3 % |
Relative net indebtedness % | 5.2 % | 4.4 % | 14.3 % | 25.5 % | 21.1 % |
Liquidity | |||||
Quick ratio | 1.9 | 2.0 | 2.2 | 1.6 | 1.5 |
Current ratio | 2.3 | 2.5 | 2.5 | 1.8 | 2.0 |
Cash and cash equivalents | 19.24 | 16.07 | 6.74 | 7.23 | 6.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.8 | 79.1 | 75.1 | 80.3 | 90.7 |
Net working capital % | 32.4 % | 32.6 % | 29.4 % | 26.5 % | 24.6 % |
Credit risk | |||||
Credit rating | AAA | AAA | A | A | A |
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