DENCRYPT A/S — Credit Rating and Financial Key Figures

CVR number: 25698908
Arnold Nielsens Boulevard 72-74, 2650 Hvidovre
info@dencrypt.dk
tel: 72117911
www.dencrypt.dk

Credit rating

Company information

Official name
DENCRYPT A/S
Personnel
21 persons
Established
2013
Company form
Limited company
Industry

About DENCRYPT A/S

DENCRYPT A/S (CVR number: 25698908) is a company from HVIDOVRE. The company recorded a gross profit of 17.6 mDKK in 2024. The operating profit was 2433.1 kDKK, while net earnings were 1866.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37 %, 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. DENCRYPT A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 451.915 215.779 537.968 116.2817 592.39
EBIT-1 005.87-1 967.24362.99-3 024.412 433.07
Net earnings- 580.33-1 183.31584.23-2 481.041 866.58
Shareholders equity total14 822.8414 639.5215 723.7513 242.7115 109.29
Balance sheet total (assets)26 352.0233 778.1932 633.2930 841.9940 802.89
Net debt- 454.07-6 834.83961.661 556.34-76.66
Profitability
EBIT-%
ROA-3.7 %-6.5 %1.1 %-9.5 %6.8 %
ROE-3.9 %-8.0 %3.8 %-17.1 %13.2 %
ROI-4.7 %-9.4 %1.7 %-14.4 %11.5 %
Economic value added (EVA)- 861.39-1 260.05586.87-2 184.482 343.85
Solvency
Equity ratio56.2 %43.3 %48.2 %42.9 %37.0 %
Gearing17.1 %9.7 %6.2 %14.3 %7.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.01.20.50.9
Current ratio2.12.01.20.50.9
Cash and cash equivalents2 984.688 256.9812.64339.271 276.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:6.80%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.0%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member

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