DANISH SOURCE ApS — Credit Rating and Financial Key Figures

CVR number: 33380690
Fjordvej 54 B, Strandhuse 6000 Kolding
tal@gppg.dk
tel: 25460050

Credit rating

Company information

Official name
DANISH SOURCE ApS
Personnel
2 persons
Established
2011
Domicile
Strandhuse
Company form
Private limited company
Industry

About DANISH SOURCE ApS

DANISH SOURCE ApS (CVR number: 33380690) is a company from KOLDING. The company recorded a gross profit of 7308.8 kDKK in 2023. The operating profit was 5808 kDKK, while net earnings were 4505.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.4 %, which can be considered excellent and Return on Equity (ROE) was 77.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. DANISH SOURCE ApS's liquidity measured by quick ratio was 2.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 685.745 647.017 141.948 026.737 308.75
EBIT3 840.094 754.136 342.547 253.645 808.01
Net earnings2 995.373 706.454 949.775 670.654 505.63
Shareholders equity total3 553.524 359.975 609.746 380.395 286.02
Balance sheet total (assets)5 699.956 929.399 565.239 518.277 981.91
Net debt- 678.31- 108.78- 553.74- 242.8080.34
Profitability
EBIT-%
ROA70.7 %75.3 %77.0 %76.2 %66.4 %
ROE86.7 %93.7 %99.3 %94.6 %77.2 %
ROI111.1 %120.0 %116.3 %112.4 %97.1 %
Economic value added (EVA)2 859.963 563.604 732.255 450.574 195.11
Solvency
Equity ratio62.3 %62.9 %58.6 %67.0 %66.2 %
Gearing16.6 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.62.43.02.9
Current ratio2.62.62.43.02.9
Cash and cash equivalents678.31108.781 486.08242.80215.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:66.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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