CONTINENTAL DÆK DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONTINENTAL DÆK DANMARK A/S
CONTINENTAL DÆK DANMARK A/S (CVR number: 64090518) is a company from BRØNDBY. The company reported a net sales of 475.8 mDKK in 2024, demonstrating a growth of 1.7 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 5.2 mDKK), while net earnings were 5804 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CONTINENTAL DÆK DANMARK A/S's liquidity measured by quick ratio was 2.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 395.57 | 478.67 | 472.60 | 467.63 | 475.75 |
Gross profit | 33.73 | 35.61 | 33.10 | 32.94 | 35.61 |
EBIT | 6.36 | 8.20 | 7.53 | 6.03 | 5.24 |
Net earnings | 4.89 | 6.40 | 5.36 | 5.42 | 5.80 |
Shareholders equity total | 70.33 | 76.73 | 82.09 | 87.51 | 93.31 |
Balance sheet total (assets) | 123.86 | 140.90 | 140.46 | 149.38 | 145.76 |
Net debt | 36.88 | 28.59 | |||
Profitability | |||||
EBIT-% | 1.6 % | 1.7 % | 1.6 % | 1.3 % | 1.1 % |
ROA | 5.4 % | 6.2 % | 5.4 % | 5.3 % | 5.6 % |
ROE | 7.2 % | 8.7 % | 6.7 % | 6.4 % | 6.4 % |
ROI | 5.4 % | 6.2 % | 5.4 % | 5.8 % | 6.8 % |
Economic value added (EVA) | 1.63 | 2.81 | 1.55 | 0.26 | -2.46 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 58.6 % | 64.0 % |
Gearing | 42.1 % | 30.6 % | |||
Relative net indebtedness % | 13.2 % | 11.0 % | |||
Liquidity | |||||
Quick ratio | 2.4 | 2.8 | |||
Current ratio | 2.4 | 2.8 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 72.6 | 57.2 | |||
Net working capital % | 31.2 % | 29.3 % | 29.7 % | 18.7 % | 19.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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