DAF TRUCKS DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 12946570
Kokbjerg 1 B, 6000 Kolding
daf.danmark@daftrucks.com

Credit rating

Company information

Official name
DAF TRUCKS DANMARK A/S
Personnel
4 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About DAF TRUCKS DANMARK A/S

DAF TRUCKS DANMARK A/S (CVR number: 12946570) is a company from KOLDING. The company recorded a gross profit of 10.2 mDKK in 2023. The operating profit was 6942.8 kDKK, while net earnings were 6129.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DAF TRUCKS DANMARK A/S's liquidity measured by quick ratio was 56.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 520.903 211.914 236.585 046.1610 211.30
EBIT2 909.751 677.972 755.153 390.786 942.85
Net earnings2 259.521 295.092 140.172 701.606 129.63
Shareholders equity total19 987.5021 282.5923 422.7626 124.3632 253.99
Balance sheet total (assets)21 126.9422 108.7724 321.8327 342.6134 701.49
Net debt- 132.04- 571.48- 982.45- 814.46- 499.53
Profitability
EBIT-%
ROA14.5 %7.8 %11.9 %13.5 %25.5 %
ROE12.0 %6.3 %9.6 %10.9 %21.0 %
ROI15.4 %8.1 %12.3 %13.8 %25.8 %
Economic value added (EVA)1 392.21306.781 108.041 510.604 135.51
Solvency
Equity ratio94.6 %96.3 %96.3 %95.5 %92.9 %
Gearing0.1 %0.1 %0.1 %0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio18.526.827.176.856.3
Current ratio18.526.827.176.856.3
Cash and cash equivalents143.27586.251 006.78859.73520.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.9%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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