DAMM GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 257.00 | 3 231.00 | 2 685.00 | 6 890.00 | 10 758.35 |
Gross profit | 3 192.00 | 3 137.00 | 2 605.00 | 6 798.00 | 10 679.78 |
EBIT | 3 089.00 | 3 034.00 | 2 501.00 | 6 681.00 | 10 495.94 |
Net earnings | 6 067.00 | 5 879.00 | 4 824.00 | 4 914.00 | 15 094.02 |
Shareholders equity total | 40 987.00 | 46 756.00 | 51 466.00 | 56 265.00 | 71 153.61 |
Balance sheet total (assets) | 61 056.00 | 72 862.00 | 78 350.00 | 85 253.00 | 101 880.40 |
Net debt | 1 016.00 | 2 540.00 | - 286.00 | 3 427.00 | -2 782.75 |
Profitability | |||||
EBIT-% | 94.8 % | 93.9 % | 93.1 % | 97.0 % | 97.6 % |
ROA | 12.8 % | 11.2 % | 8.1 % | 9.2 % | 18.2 % |
ROE | 16.0 % | 13.4 % | 9.8 % | 9.1 % | 23.7 % |
ROI | 12.9 % | 11.3 % | 8.3 % | 9.3 % | 18.4 % |
Economic value added (EVA) | 3 262.22 | 3 621.31 | 3 514.06 | 9 026.52 | 12 173.35 |
Solvency | |||||
Equity ratio | 67.1 % | 64.2 % | 65.7 % | 66.0 % | 69.8 % |
Gearing | 47.5 % | 52.7 % | 48.9 % | 51.4 % | 41.2 % |
Relative net indebtedness % | 49.5 % | 124.3 % | 53.4 % | 50.6 % | -12.6 % |
Liquidity | |||||
Quick ratio | 7.1 | 3.3 | 2.8 | 1.0 | 1.3 |
Current ratio | 7.1 | 3.3 | 2.8 | 1.0 | 1.3 |
Cash and cash equivalents | 18 457.00 | 22 090.00 | 25 449.00 | 25 504.00 | 32 080.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 41.0 % | -132.7 % | -261.1 % | -317.2 % | -219.6 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AA | AA |
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