DANISH BIOFUEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH BIOFUEL A/S
DANISH BIOFUEL A/S (CVR number: 33368275) is a company from RØDOVRE. The company recorded a gross profit of 2411.1 kDKK in 2023. The operating profit was 2411.1 kDKK, while net earnings were 2010 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANISH BIOFUEL A/S's liquidity measured by quick ratio was 5.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 147.70 | -35.16 | -76.47 | 456.38 | 2 411.15 |
EBIT | - 147.70 | -35.16 | -76.47 | 456.38 | 2 411.15 |
Net earnings | -80.80 | 3.96 | -35.24 | 398.75 | 2 010.05 |
Shareholders equity total | 141 714.67 | 141 718.63 | 141 683.39 | 142 082.14 | 144 092.19 |
Balance sheet total (assets) | 141 724.67 | 141 756.54 | 141 697.39 | 142 341.80 | 144 992.26 |
Net debt | -5.20 | - 139.62 | -39.00 | -70.69 | - 271.87 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | 0.0 % | -0.0 % | 0.4 % | 1.8 % |
ROE | -0.1 % | 0.0 % | -0.0 % | 0.3 % | 1.4 % |
ROI | -0.1 % | 0.0 % | -0.0 % | 0.4 % | 1.8 % |
Economic value added (EVA) | -7 234.61 | -7 148.33 | -7 190.81 | -6 754.60 | -5 255.38 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 99.8 % | 99.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 147.5 | 39.7 | 103.4 | 8.1 | 5.3 |
Current ratio | 147.5 | 39.7 | 103.4 | 8.1 | 5.3 |
Cash and cash equivalents | 5.20 | 139.62 | 39.00 | 70.69 | 271.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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