DAMM GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 26673690
Bentzens Alle 33, 6705 Esbjerg Ø

Company information

Official name
DAMM GROUP ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About DAMM GROUP ApS

DAMM GROUP ApS (CVR number: 26673690) is a company from ESBJERG. The company reported a net sales of 10.8 mDKK in 2023, demonstrating a growth of 56.1 % compared to the previous year. The operating profit percentage was at 97.6 % (EBIT: 10.5 mDKK), while net earnings were 15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 23.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. DAMM GROUP ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 257.003 231.002 685.006 890.0010 758.35
Gross profit3 192.003 137.002 605.006 798.0010 679.78
EBIT3 089.003 034.002 501.006 681.0010 495.94
Net earnings6 067.005 879.004 824.004 914.0015 094.02
Shareholders equity total40 987.0046 756.0051 466.0056 265.0071 153.61
Balance sheet total (assets)61 056.0072 862.0078 350.0085 253.00101 880.40
Net debt1 016.002 540.00- 286.003 427.00-2 782.75
Profitability
EBIT-%94.8 %93.9 %93.1 %97.0 %97.6 %
ROA12.8 %11.2 %8.1 %9.2 %18.2 %
ROE16.0 %13.4 %9.8 %9.1 %23.7 %
ROI12.9 %11.3 %8.3 %9.3 %18.4 %
Economic value added (EVA)3 262.223 621.313 514.069 026.5212 173.35
Solvency
Equity ratio67.1 %64.2 %65.7 %66.0 %69.8 %
Gearing47.5 %52.7 %48.9 %51.4 %41.2 %
Relative net indebtedness %49.5 %124.3 %53.4 %50.6 %-12.6 %
Liquidity
Quick ratio7.13.32.81.01.3
Current ratio7.13.32.81.01.3
Cash and cash equivalents18 457.0022 090.0025 449.0025 504.0032 080.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %41.0 %-132.7 %-261.1 %-317.2 %-219.6 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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