DE DANSKE GÆRFABRIKKER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DE DANSKE GÆRFABRIKKER A/S
DE DANSKE GÆRFABRIKKER A/S (CVR number: 30921860) is a company from NORDDJURS. The company reported a net sales of 512.5 mDKK in 2024, demonstrating a growth of 17.6 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 42.8 mDKK), while net earnings were 29.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. DE DANSKE GÆRFABRIKKER 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 349.53 | 396.76 | 498.64 | 435.85 | 512.50 |
Gross profit | 115.83 | 118.85 | 126.97 | 120.33 | 151.56 |
EBIT | 28.40 | 28.59 | 31.16 | 18.95 | 42.78 |
Net earnings | 21.62 | 21.99 | 23.82 | 11.53 | 29.52 |
Shareholders equity total | 214.78 | 236.77 | 260.59 | 272.28 | 301.80 |
Balance sheet total (assets) | 405.00 | 428.40 | 478.94 | 527.47 | 738.14 |
Net debt | 113.12 | 293.52 | |||
Profitability | |||||
EBIT-% | 8.1 % | 7.2 % | 6.2 % | 4.3 % | 8.3 % |
ROA | 7.3 % | 6.9 % | 6.9 % | 3.8 % | 7.1 % |
ROE | 10.6 % | 9.7 % | 9.6 % | 4.3 % | 10.3 % |
ROI | 7.8 % | 6.9 % | 6.9 % | 4.1 % | 8.2 % |
Economic value added (EVA) | 12.05 | 17.80 | 19.26 | 2.78 | 11.92 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 51.6 % | 40.9 % |
Gearing | 48.7 % | 106.3 % | |||
Relative net indebtedness % | 46.9 % | 73.7 % | |||
Liquidity | |||||
Quick ratio | 0.1 | 0.7 | |||
Current ratio | 0.7 | 1.0 | |||
Cash and cash equivalents | 19.55 | 27.19 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.5 | ||||
Net working capital % | -13.7 % | 1.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AAA |
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