DANNEBROG REDERI A/S — Credit Rating and Financial Key Figures

CVR number: 67784014
Rungsted Strandvej 113, 2960 Rungsted Kyst

Credit rating

Company information

Official name
DANNEBROG REDERI A/S
Established
1999
Company form
Limited company
Industry

About DANNEBROG REDERI A/S

DANNEBROG REDERI A/S (CVR number: 67784014) is a company from HØRSHOLM. The company recorded a gross profit of 5 kUSD in 2024. The operating profit was 5 kUSD, while net earnings were 93 kUSD. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANNEBROG REDERI A/S's liquidity measured by quick ratio was 51.2 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 150.00-1 560.0062.00-5.005.00
EBIT- 150.00-1 560.0062.00-5.005.00
Net earnings1 147.00-2 809.00198.0020.0093.00
Shareholders equity total1 517.00-1 292.00-1 094.00426.00988.00
Balance sheet total (assets)16 404.007 659.00338.00431.00998.00
Net debt12 678.007 757.001 385.00-25.00-38.00
Profitability
EBIT-%
ROA9.5 %-20.5 %8.5 %6.2 %13.0 %
ROE125.1 %-61.2 %5.0 %5.2 %13.2 %
ROI9.9 %-21.5 %8.7 %6.3 %13.1 %
Economic value added (EVA)536.18-1 052.94508.6265.50-15.10
Solvency
Equity ratio9.2 %-14.4 %-76.4 %98.8 %99.0 %
Gearing917.7 %-681.8 %-128.8 %0.2 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.086.251.2
Current ratio0.50.40.086.251.2
Cash and cash equivalents1 243.001 052.0024.0026.0044.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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