DANISH CLEAN WATER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH CLEAN WATER A/S
DANISH CLEAN WATER A/S (CVR number: 31283345) is a company from SØNDERBORG. The company recorded a gross profit of 101.1 kDKK in 2024. The operating profit was -7918.2 kDKK, while net earnings were -9656.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.2 %, which can be considered poor and Return on Equity (ROE) was -80.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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. DANISH CLEAN WATER A/S's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 753.33 | 904.98 | -1 730.56 | 1 164.97 | 101.13 |
EBIT | -1 785.60 | -6 355.79 | -8 771.02 | -11 506.39 | -7 918.17 |
Net earnings | -1 623.66 | -6 490.90 | -9 450.06 | -12 787.00 | -9 656.19 |
Shareholders equity total | -18 035.56 | -24 526.46 | -33 976.52 | -46 763.52 | 8 580.29 |
Balance sheet total (assets) | 14 743.51 | 16 236.41 | 19 063.76 | 15 446.33 | 12 399.24 |
Net debt | 27 926.73 | 37 358.49 | 50 044.20 | 57 809.21 | 1 010.08 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.0 % | -17.3 % | -18.7 % | -19.6 % | -21.2 % |
ROE | -13.4 % | -41.9 % | 113.3 % | 146.4 % | -80.4 % |
ROI | -6.7 % | -18.9 % | -12.3 % | -13.8 % | -22.5 % |
Economic value added (EVA) | -1 934.24 | -6 617.57 | -9 092.86 | -12 033.38 | -8 334.93 |
Solvency | |||||
Equity ratio | -55.0 % | -60.2 % | -3212.1 % | -75.2 % | 69.2 % |
Gearing | -158.9 % | -156.3 % | -150.5 % | -126.4 % | 21.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.2 | 8.2 | 0.1 | 1.6 |
Current ratio | 1.1 | 0.5 | 26.3 | 0.2 | 3.2 |
Cash and cash equivalents | 731.72 | 970.87 | 1 102.65 | 1 321.66 | 836.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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