IC Damgaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38969234
Niels W. Gades Vej 3, 8000 Aarhus C
hd@damgaard.as
tel: 40283002

Credit rating

Company information

Official name
IC Damgaard Holding ApS
Established
2017
Company form
Private limited company
Industry

About IC Damgaard Holding ApS

IC Damgaard Holding ApS (CVR number: 38969234K) is a company from AARHUS. The company recorded a gross profit of 48.7 mDKK in 2023. The operating profit was -6856 kDKK, while net earnings were 3077 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. IC Damgaard Holding ApS's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit55 360.0048 881.0068 889.0079 159.0048 680.00
EBIT55 360.0048 881.0068 889.0015 666.00-6 856.00
Net earnings1 578.005 169.0023 437.006 659.003 077.00
Shareholders equity total41 563.00113 626.00133 326.00126 165.00124 284.00
Balance sheet total (assets)117 935.00185 717.00206 652.00203 859.00178 220.00
Net debt-34 816.00-31 999.00
Profitability
EBIT-%
ROA47.4 %32.2 %35.1 %8.4 %5.4 %
ROE4.8 %6.7 %19.0 %5.4 %2.7 %
ROI54.1 %32.2 %35.1 %9.3 %6.4 %
Economic value added (EVA)53 714.6646 792.4663 179.294 698.18-12 017.59
Solvency
Equity ratio100.0 %100.0 %100.0 %64.6 %69.7 %
Gearing18.1 %20.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.3
Current ratio2.53.5
Cash and cash equivalents57 591.0057 454.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:5.37%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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