DANSK FUNDAMENTAL METROLOGI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK FUNDAMENTAL METROLOGI A/S
DANSK FUNDAMENTAL METROLOGI A/S (CVR number: 29217939) is a company from RUDERSDAL. The company reported a net sales of 59.6 mDKK in 2024, demonstrating a growth of 18.9 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 1.9 mDKK), while net earnings were 1828 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANSK FUNDAMENTAL METROLOGI A/S's liquidity measured by quick ratio was 1.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 42.87 | 46.77 | 46.69 | 50.14 | 59.64 |
Gross profit | 31.07 | 28.89 | 28.80 | 32.16 | 35.63 |
EBIT | 1.03 | 1.80 | 1.23 | 1.55 | 1.94 |
Net earnings | 0.72 | 1.21 | 0.76 | 1.38 | 1.83 |
Shareholders equity total | 19.82 | 21.03 | 21.79 | 23.16 | 24.99 |
Balance sheet total (assets) | 63.17 | 64.80 | 58.65 | 57.95 | 65.77 |
Net debt | -27.73 | -28.90 | -25.36 | -25.41 | -33.91 |
Profitability | |||||
EBIT-% | 2.4 % | 3.9 % | 2.6 % | 3.1 % | 3.3 % |
ROA | 2.1 % | 2.8 % | 2.0 % | 3.1 % | 3.9 % |
ROE | 3.7 % | 5.9 % | 3.6 % | 6.1 % | 7.6 % |
ROI | 4.6 % | 7.1 % | 5.0 % | 7.6 % | 9.6 % |
Economic value added (EVA) | -0.32 | 0.28 | -0.21 | 0.05 | 0.29 |
Solvency | |||||
Equity ratio | 31.4 % | 32.4 % | 37.2 % | 40.0 % | 38.7 % |
Gearing | 10.5 % | 6.9 % | 4.1 % | 1.9 % | |
Relative net indebtedness % | 30.4 % | 27.6 % | 21.7 % | 16.8 % | 10.7 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.1 | 1.1 | 1.2 |
Current ratio | 1.0 | 1.1 | 1.1 | 1.1 | 1.2 |
Cash and cash equivalents | 29.80 | 30.36 | 26.25 | 25.84 | 33.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.6 | 9.8 | 18.4 | 13.6 | 15.3 |
Net working capital % | 2.9 % | 4.4 % | 5.9 % | 9.1 % | 11.0 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | A |
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