Danish Floor System ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danish Floor System ApS
Danish Floor System ApS (CVR number: 39281961) is a company from Høje-Taastrup. The company recorded a gross profit of 1318.5 kDKK in 2024. The operating profit was -240.4 kDKK, while net earnings were -242.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -12.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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 Floor System ApS's liquidity measured by quick ratio was 2.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 229.55 | 2 478.83 | 1 126.35 | 2 733.37 | 1 318.51 |
| EBIT | 465.08 | 524.33 | - 373.40 | 1 473.36 | - 240.41 |
| Net earnings | 353.05 | 471.77 | - 374.08 | 1 181.57 | - 242.92 |
| Shareholders equity total | 1 231.85 | 1 703.63 | 1 329.55 | 2 511.12 | 1 268.20 |
| Balance sheet total (assets) | 2 530.65 | 3 092.22 | 2 437.95 | 3 334.22 | 2 014.74 |
| Net debt | -1 348.98 | - 927.62 | - 628.39 | - 674.42 | - 143.18 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 21.0 % | 18.7 % | -13.5 % | 51.7 % | -9.0 % |
| ROE | 33.5 % | 32.1 % | -24.7 % | 61.5 % | -12.9 % |
| ROI | 43.5 % | 35.3 % | -24.3 % | 77.2 % | -12.6 % |
| Economic value added (EVA) | 316.05 | 418.32 | - 458.71 | 1 103.50 | - 367.27 |
| Solvency | |||||
| Equity ratio | 48.7 % | 55.1 % | 54.5 % | 75.3 % | 62.9 % |
| Gearing | 1.3 % | 1.0 % | 0.7 % | 0.5 % | 1.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.9 | 2.0 | 3.9 | 2.6 |
| Current ratio | 1.9 | 2.2 | 2.1 | 4.0 | 2.7 |
| Cash and cash equivalents | 1 364.44 | 944.58 | 637.85 | 687.93 | 164.62 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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