DANSK BELÆGNINGSENTREPRISE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK BELÆGNINGSENTREPRISE A/S
DANSK BELÆGNINGSENTREPRISE A/S (CVR number: 14084231) is a company from Høje-Taastrup. The company recorded a gross profit of 2261.6 kDKK in 2024. The operating profit was -353.3 kDKK, while net earnings were -314.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.2 %, which can be considered poor and Return on Equity (ROE) was -17.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.1 %, 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. DANSK BELÆGNINGSENTREPRISE A/S's liquidity measured by quick ratio was 1.3 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 | 2 342.53 | 3 403.63 | 3 263.29 | 5 147.34 | 2 261.57 |
EBIT | 459.41 | 930.41 | 387.41 | 2 361.99 | - 353.27 |
Net earnings | 221.12 | 586.60 | 241.39 | 1 801.36 | - 314.07 |
Shareholders equity total | -1 305.74 | - 719.13 | 322.25 | 2 123.61 | 1 502.04 |
Balance sheet total (assets) | 2 486.31 | 1 361.33 | 2 031.94 | 3 743.10 | 3 187.81 |
Net debt | 651.09 | 884.87 | - 172.18 | -2 461.68 | - 534.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.7 % | 31.7 % | 18.8 % | 81.8 % | -10.2 % |
ROE | 11.4 % | 30.5 % | 28.7 % | 147.3 % | -17.3 % |
ROI | 34.5 % | 72.0 % | 49.0 % | 193.1 % | -19.5 % |
Economic value added (EVA) | 356.60 | 722.98 | 272.20 | 1 824.23 | - 390.99 |
Solvency | |||||
Equity ratio | -34.4 % | -34.6 % | 15.9 % | 56.7 % | 47.1 % |
Gearing | -101.3 % | -174.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.5 | 1.0 | 1.7 | 1.3 |
Current ratio | 1.0 | 0.6 | 1.1 | 2.2 | 1.7 |
Cash and cash equivalents | 671.24 | 371.45 | 172.18 | 2 461.68 | 534.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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