DAN AGRO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN AGRO HOLDING A/S
DAN AGRO HOLDING A/S (CVR number: 31374618K) is a company from SKANDERBORG. The company reported a net sales of 2998.6 mDKK in 2022, demonstrating a growth of 22.5 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 20 mDKK), while net earnings were 8610 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.1 %, 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. DAN AGRO HOLDING 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 545.80 | 2 663.11 | 2 447.69 | 2 448.68 | 2 998.64 |
Gross profit | 182.95 | 171.33 | 131.26 | 211.04 | 227.10 |
EBIT | 17.12 | 2.46 | -17.66 | 4.27 | 20.00 |
Net earnings | 9.77 | -2.12 | -17.31 | -0.34 | 8.61 |
Shareholders equity total | 479.53 | 488.16 | 466.61 | 470.77 | 292.93 |
Balance sheet total (assets) | 1 003.45 | 1 009.69 | 975.62 | 960.74 | 952.20 |
Net debt | 125.99 | 114.75 | 110.08 | 132.42 | 320.45 |
Profitability | |||||
EBIT-% | 0.7 % | 0.1 % | -0.7 % | 0.2 % | 0.7 % |
ROA | 1.8 % | 0.3 % | -1.7 % | 0.5 % | 2.0 % |
ROE | 2.0 % | -0.4 % | -3.6 % | -0.1 % | 2.3 % |
ROI | 2.9 % | 0.5 % | -2.7 % | 0.8 % | 3.1 % |
Economic value added (EVA) | -19.81 | -29.21 | -46.87 | -26.38 | -18.33 |
Solvency | |||||
Equity ratio | 61.6 % | 63.6 % | 64.6 % | 67.2 % | 41.1 % |
Gearing | 26.6 % | 25.9 % | 23.7 % | 30.7 % | 110.3 % |
Relative net indebtedness % | 20.2 % | 18.9 % | 20.4 % | 19.1 % | 21.8 % |
Liquidity | |||||
Quick ratio | 2.4 | 2.5 | 2.5 | 2.9 | 0.8 |
Current ratio | 1.7 | 1.8 | 1.8 | 1.8 | 1.3 |
Cash and cash equivalents | 1.37 | 11.78 | 0.40 | 12.14 | 2.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.3 | 25.6 | 26.4 | 28.0 | 24.9 |
Net working capital % | 12.7 % | 12.7 % | 13.7 % | 14.4 % | 5.9 % |
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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