DANSK ERHVERVSFINANSIERING A/S — Credit Rating and Financial Key Figures

CVR number: 29638411
Bredgade 95, 5560 Aarup
info@danskerhvervsfinansiering.dk
tel: 55754981
www.danskerhvervsfinansiering.dk

Credit rating

Company information

Official name
DANSK ERHVERVSFINANSIERING A/S
Personnel
17 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About DANSK ERHVERVSFINANSIERING A/S

DANSK ERHVERVSFINANSIERING A/S (CVR number: 29638411) is a company from ASSENS. The company reported a net sales of 90.7 mDKK in 2024, demonstrating a growth of 37.9 % compared to the previous year. The operating profit percentage was at 68.2 % (EBIT: 61.9 mDKK), while net earnings were 8415.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANSK ERHVERVSFINANSIERING A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales21.2622.4331.4465.7490.68
Gross profit22.4323.8534.1169.2894.09
EBIT9.8614.7320.2952.2361.86
Net earnings2.423.137.4611.698.42
Shareholders equity total22.6525.7833.2444.9353.34
Balance sheet total (assets)615.88708.49846.681 153.831 476.52
Net debt528.58607.82731.19996.091 310.13
Profitability
EBIT-%46.4 %65.6 %64.6 %79.5 %68.2 %
ROA1.6 %2.2 %2.6 %5.2 %4.7 %
ROE11.3 %12.9 %25.3 %29.9 %17.1 %
ROI1.7 %2.3 %2.8 %5.8 %5.1 %
Economic value added (EVA)6.6510.2920.6244.7741.18
Solvency
Equity ratio4.5 %4.3 %4.5 %4.3 %3.6 %
Gearing2334.0 %2358.0 %2199.6 %2217.1 %2456.0 %
Relative net indebtedness %2790.5 %3043.3 %2587.6 %1686.9 %1569.4 %
Liquidity
Quick ratio0.00.00.00.0
Current ratio0.00.00.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)27.18.314.26.512.3
Net working capital %-2500.7 %-2750.2 %-2301.4 %-1465.4 %-1460.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.70%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.61%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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