DANÆG HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 35530223
Danægvej 1, 6070 Christiansfeld

Credit rating

Company information

Official name
DANÆG HOLDING A/S
Personnel
32 persons
Established
2013
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About DANÆG HOLDING A/S

DANÆG HOLDING A/S (CVR number: 35530223K) is a company from KOLDING. The company reported a net sales of 1879.1 mDKK in 2022, demonstrating a growth of 26.8 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 27 mDKK), while net earnings were 14.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANÆG HOLDING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales1 278.001 308.001 105.001 481.441 879.10
Gross profit159.00170.00144.00207.26233.88
EBIT159.00170.00144.0061.9227.04
Net earnings40.0033.0021.0049.7114.26
Shareholders equity total222.79224.43
Balance sheet total (assets)418.00419.00409.00838.47880.23
Net debt318.37354.37
Profitability
EBIT-%12.4 %13.0 %13.0 %4.2 %1.4 %
ROA38.6 %40.6 %34.8 %10.2 %3.3 %
ROE39.4 %44.6 %6.4 %
ROI45.6 %40.6 %34.8 %12.2 %4.3 %
Economic value added (EVA)150.87170.00144.0053.05-5.78
Solvency
Equity ratio26.6 %25.5 %
Gearing143.2 %159.6 %
Relative net indebtedness %40.5 %34.0 %
Liquidity
Quick ratio0.60.7
Current ratio1.11.1
Cash and cash equivalents0.683.92
Capital use efficiency
Trade debtors turnover (days)26.829.7
Net working capital %1.0 %2.1 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:3.28%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.5%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Chief executive officer

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