DANNEBROG REDERI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 150.00 | -1 560.00 | 62.00 | -5.00 | 5.00 |
EBIT | - 150.00 | -1 560.00 | 62.00 | -5.00 | 5.00 |
Net earnings | 1 147.00 | -2 809.00 | 198.00 | 20.00 | 93.00 |
Shareholders equity total | 1 517.00 | -1 292.00 | -1 094.00 | 426.00 | 988.00 |
Balance sheet total (assets) | 16 404.00 | 7 659.00 | 338.00 | 431.00 | 998.00 |
Net debt | 12 678.00 | 7 757.00 | 1 385.00 | -25.00 | -38.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.5 % | -20.5 % | 8.5 % | 6.2 % | 13.0 % |
ROE | 125.1 % | -61.2 % | 5.0 % | 5.2 % | 13.2 % |
ROI | 9.9 % | -21.5 % | 8.7 % | 6.3 % | 13.1 % |
Economic value added (EVA) | 536.18 | -1 052.94 | 508.62 | 65.50 | -15.10 |
Solvency | |||||
Equity ratio | 9.2 % | -14.4 % | -76.4 % | 98.8 % | 99.0 % |
Gearing | 917.7 % | -681.8 % | -128.8 % | 0.2 % | 0.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.0 | 86.2 | 51.2 |
Current ratio | 0.5 | 0.4 | 0.0 | 86.2 | 51.2 |
Cash and cash equivalents | 1 243.00 | 1 052.00 | 24.00 | 26.00 | 44.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | BB | BB | BBB |
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