DANFOND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANFOND A/S
DANFOND A/S (CVR number: 26258294) is a company from SØNDERBORG. The company recorded a gross profit of 10.8 mDKK in 2024. The operating profit was -934.1 kDKK, while net earnings were -1194.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. DANFOND A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 853.00 | 12 375.00 | 16 384.00 | 20 345.83 | 10 803.81 |
EBIT | 6 025.00 | 2 055.00 | 748.00 | 7 378.57 | - 934.10 |
Net earnings | 4 454.00 | 3 094.00 | 1 244.00 | 4 213.97 | -1 194.38 |
Shareholders equity total | 10 657.00 | 13 751.00 | 14 996.00 | 19 209.48 | 18 015.09 |
Balance sheet total (assets) | 32 520.00 | 75 700.00 | 89 778.00 | 92 785.74 | 33 397.41 |
Net debt | 45 156.56 | 2 931.75 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 19.0 % | 3.8 % | 0.9 % | 9.0 % | -0.2 % |
ROE | 47.7 % | 25.4 % | 8.7 % | 24.6 % | -6.4 % |
ROI | 19.0 % | 3.8 % | 0.9 % | 10.3 % | -0.3 % |
Economic value added (EVA) | 5 622.85 | 1 519.49 | 57.01 | 4 993.76 | -4 280.32 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 20.7 % | 53.7 % |
Gearing | 268.8 % | 19.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | |||
Current ratio | 1.2 | 2.1 | |||
Cash and cash equivalents | 6 487.53 | 652.86 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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