DANFRIG A/S — Credit Rating and Financial Key Figures

CVR number: 33965281
Industrivej 15 A, Stilling 8660 Skanderborg
tel: 86283899
www.danfrig.dk

Credit rating

Company information

Official name
DANFRIG A/S
Personnel
22 persons
Established
2011
Domicile
Stilling
Company form
Limited company
Industry

About DANFRIG A/S

DANFRIG A/S (CVR number: 33965281) is a company from SKANDERBORG. The company recorded a gross profit of 24.3 mDKK in 2023. The operating profit was -486.2 kDKK, while net earnings were -501 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -35.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANFRIG A/S's liquidity measured by quick ratio was 0.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit18 058.6916 836.6217 216.1820 039.1224 300.53
EBIT589.35-1 014.60491.63-1 955.45- 486.23
Net earnings420.13- 840.84320.92-1 601.35- 500.99
Shareholders equity total3 795.422 954.573 275.491 674.141 173.15
Balance sheet total (assets)11 287.5212 007.1413 787.2812 210.3810 476.29
Net debt2 764.771 483.902 679.972 576.032 645.06
Profitability
EBIT-%
ROA5.8 %-8.7 %3.8 %-15.0 %-4.3 %
ROE15.6 %-24.9 %10.3 %-64.7 %-35.2 %
ROI9.5 %-18.4 %9.4 %-37.5 %-11.7 %
Economic value added (EVA)399.04- 982.15232.89-1 695.54- 465.45
Solvency
Equity ratio33.6 %24.6 %23.8 %13.7 %11.3 %
Gearing73.0 %51.2 %82.5 %154.3 %227.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.91.00.60.6
Current ratio1.51.31.31.11.0
Cash and cash equivalents7.0227.8121.547.9319.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-4.29%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.3%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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