DANÆG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 278.00 | 1 308.00 | 1 105.00 | 1 481.44 | 1 879.10 |
Gross profit | 159.00 | 170.00 | 144.00 | 207.26 | 233.88 |
EBIT | 159.00 | 170.00 | 144.00 | 61.92 | 27.04 |
Net earnings | 40.00 | 33.00 | 21.00 | 49.71 | 14.26 |
Shareholders equity total | 222.79 | 224.43 | |||
Balance sheet total (assets) | 418.00 | 419.00 | 409.00 | 838.47 | 880.23 |
Net debt | 318.37 | 354.37 | |||
Profitability | |||||
EBIT-% | 12.4 % | 13.0 % | 13.0 % | 4.2 % | 1.4 % |
ROA | 38.6 % | 40.6 % | 34.8 % | 10.2 % | 3.3 % |
ROE | 39.4 % | 44.6 % | 6.4 % | ||
ROI | 45.6 % | 40.6 % | 34.8 % | 12.2 % | 4.3 % |
Economic value added (EVA) | 150.87 | 170.00 | 144.00 | 53.05 | -5.78 |
Solvency | |||||
Equity ratio | 26.6 % | 25.5 % | |||
Gearing | 143.2 % | 159.6 % | |||
Relative net indebtedness % | 40.5 % | 34.0 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | |||
Current ratio | 1.1 | 1.1 | |||
Cash and cash equivalents | 0.68 | 3.92 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.8 | 29.7 | |||
Net working capital % | 1.0 % | 2.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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