DANSKE SPIL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSKE SPIL A/S
DANSKE SPIL A/S (CVR number: 64011715K) is a company from BRØNDBY. The company reported a net sales of 5255.5 mDKK in 2024, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 47.2 % (EBIT: 2480 mDKK), while net earnings were 1948.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 96.9 %, which can be considered excellent and Return on Equity (ROE) was 129.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. DANSKE SPIL A/S's liquidity measured by quick ratio was 2.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 735.67 | 4 829.72 | 4 975.25 | 5 039.65 | 5 255.52 |
Gross profit | 4 048.49 | 4 151.56 | 4 284.73 | 4 293.12 | 4 503.74 |
EBIT | 1 907.66 | 2 096.20 | 2 310.86 | 2 317.00 | 2 480.03 |
Net earnings | 1 460.12 | 1 626.85 | 1 727.72 | 1 824.41 | 1 948.47 |
Shareholders equity total | 2 031.43 | 1 615.82 | 1 707.98 | 1 573.91 | 1 450.04 |
Balance sheet total (assets) | 3 040.89 | 2 661.47 | 3 021.84 | 2 749.17 | 2 611.82 |
Net debt | -1 419.52 | - 901.67 | -1 019.50 | - 920.85 | - 865.04 |
Profitability | |||||
EBIT-% | 40.3 % | 43.4 % | 46.4 % | 46.0 % | 47.2 % |
ROA | 61.5 % | 74.4 % | 81.7 % | 83.3 % | 96.9 % |
ROE | 70.0 % | 89.7 % | 104.7 % | 111.9 % | 129.3 % |
ROI | 87.3 % | 110.6 % | 133.5 % | 140.7 % | 165.5 % |
Economic value added (EVA) | 1 371.05 | 1 538.03 | 1 716.18 | 1 710.62 | 1 838.61 |
Solvency | |||||
Equity ratio | 68.1 % | 62.0 % | 60.0 % | 61.2 % | 59.4 % |
Gearing | 1.4 % | ||||
Relative net indebtedness % | -9.3 % | 3.0 % | 5.9 % | 5.0 % | 5.6 % |
Liquidity | |||||
Quick ratio | 2.2 | 1.8 | 2.0 | 2.1 | 2.2 |
Current ratio | 2.1 | 1.7 | 1.7 | 1.7 | 1.8 |
Cash and cash equivalents | 1 448.30 | 901.67 | 1 019.50 | 920.85 | 865.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.4 | 14.8 | 18.8 | 8.7 | 13.2 |
Net working capital % | 10.1 % | 13.5 % | 17.2 % | 15.7 % | 16.4 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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