DANSK EKSPORT EMBALLAGE ApS — Credit Rating and Financial Key Figures

CVR number: 31860520
Pajdamsvej 1 A, 6683 Føvling
info@de-emballage.dk
tel: 75557521

Credit rating

Company information

Official name
DANSK EKSPORT EMBALLAGE ApS
Personnel
39 persons
Established
2009
Company form
Private limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About DANSK EKSPORT EMBALLAGE ApS

DANSK EKSPORT EMBALLAGE ApS (CVR number: 31860520) is a company from VEJEN. The company recorded a gross profit of 14.5 mDKK in 2023. The operating profit was 2282.2 kDKK, while net earnings were 1288.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 62.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANSK EKSPORT EMBALLAGE ApS's liquidity measured by quick ratio was 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 201.337 614.1210 077.2312 231.2814 493.72
EBIT614.76558.921 177.893 298.972 282.24
Net earnings236.60335.62878.862 308.591 288.51
Shareholders equity total821.831 157.452 036.312 516.891 621.28
Balance sheet total (assets)5 829.257 542.0912 573.7018 045.4118 923.95
Net debt2 539.02938.22- 137.417 772.9910 391.81
Profitability
EBIT-%
ROA10.3 %8.3 %11.7 %21.6 %12.4 %
ROE33.6 %33.9 %55.0 %101.4 %62.3 %
ROI18.2 %15.9 %31.9 %38.6 %16.7 %
Economic value added (EVA)407.31388.13865.992 506.181 485.34
Solvency
Equity ratio14.1 %15.3 %16.2 %14.0 %22.0 %
Gearing308.9 %81.1 %27.0 %319.3 %641.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.50.40.5
Current ratio1.01.01.00.90.9
Cash and cash equivalents0.50686.51263.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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