DKM FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DKM FINANS ApS
DKM FINANS ApS (CVR number: 34577293) is a company from ODENSE. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -29.7 % compared to the previous year. The operating profit percentage was at 111.8 % (EBIT: 0.7 mDKK), while net earnings were 631.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. DKM FINANS ApS's liquidity measured by quick ratio was 2.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 446.00 | 349.00 | 709.00 | 865.00 | 608.40 |
Gross profit | 728.00 | 741.00 | 893.00 | 1 057.00 | 794.78 |
EBIT | 546.00 | 621.00 | 783.00 | 936.00 | 680.10 |
Net earnings | 437.00 | 514.00 | 724.00 | 887.00 | 631.08 |
Shareholders equity total | 4 480.00 | 4 684.00 | 5 095.00 | 5 668.00 | 5 981.42 |
Balance sheet total (assets) | 8 067.00 | 7 203.00 | 7 602.00 | 7 937.00 | 8 122.04 |
Net debt | 3 182.00 | 2 085.00 | 2 138.00 | 2 011.00 | 1 978.96 |
Profitability | |||||
EBIT-% | 122.4 % | 177.9 % | 110.4 % | 108.2 % | 111.8 % |
ROA | 6.2 % | 8.2 % | 10.7 % | 12.3 % | 8.9 % |
ROE | 10.1 % | 11.2 % | 14.8 % | 16.5 % | 10.8 % |
ROI | 6.2 % | 8.3 % | 11.0 % | 12.5 % | 9.0 % |
Economic value added (EVA) | 528.20 | 423.64 | 640.72 | 807.05 | 562.83 |
Solvency | |||||
Equity ratio | 55.5 % | 65.0 % | 67.0 % | 71.4 % | 73.6 % |
Gearing | 77.2 % | 51.7 % | 44.5 % | 37.2 % | 34.5 % |
Relative net indebtedness % | 742.4 % | 625.5 % | 335.7 % | 251.1 % | 338.4 % |
Liquidity | |||||
Quick ratio | 1.0 | 2.6 | 1.6 | 2.2 | 2.9 |
Current ratio | 1.0 | 2.6 | 1.6 | 2.2 | 2.9 |
Cash and cash equivalents | 276.00 | 336.00 | 127.00 | 97.00 | 81.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1.3 % | 108.3 % | 33.1 % | 42.2 % | 98.2 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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