DB-ENGINEERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DB-ENGINEERING ApS
DB-ENGINEERING ApS (CVR number: 35661786) is a company from ODSHERRED. The company recorded a gross profit of -9.7 kDKK in 2023. The operating profit was -9.7 kDKK, while net earnings were 168.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DB-ENGINEERING ApS's liquidity measured by quick ratio was 1.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -22.50 | -20.21 | -11.70 | -7.50 | -9.70 |
EBIT | -22.50 | -20.21 | -11.70 | -7.50 | -9.70 |
Net earnings | 101.31 | 146.94 | 121.01 | 162.49 | 168.85 |
Shareholders equity total | 4 037.36 | 4 184.30 | 4 305.31 | 4 467.80 | 4 636.65 |
Balance sheet total (assets) | 8 641.73 | 8 810.95 | 9 150.78 | 9 604.63 | 10 083.67 |
Net debt | 2 972.89 | 3 082.06 | 3 211.09 | 3 388.20 | 3 568.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 3.6 % | 3.8 % | 4.8 % | 4.8 % |
ROE | 2.5 % | 3.6 % | 2.9 % | 3.7 % | 3.7 % |
ROI | 4.3 % | 4.4 % | 4.6 % | 5.8 % | 5.9 % |
Economic value added (EVA) | - 209.44 | - 208.92 | - 218.26 | - 221.67 | - 231.86 |
Solvency | |||||
Equity ratio | 46.7 % | 47.5 % | 47.0 % | 46.5 % | 46.0 % |
Gearing | 78.4 % | 74.2 % | 74.8 % | 75.9 % | 77.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 |
Current ratio | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 |
Cash and cash equivalents | 193.43 | 22.42 | 10.30 | 4.26 | 3.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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