DANISH NETWORK ASSOCIATION ApS — Credit Rating and Financial Key Figures

CVR number: 35140824
Dortheavej 12, 2400 København NV
fp@danishnetworkassociation.dk
tel: 22986615
www.danishnetworkassociation.dk

Company information

Official name
DANISH NETWORK ASSOCIATION ApS
Personnel
5 persons
Established
2013
Company form
Private limited company
Industry

About DANISH NETWORK ASSOCIATION ApS

DANISH NETWORK ASSOCIATION ApS (CVR number: 35140824) is a company from KØBENHAVN. The company recorded a gross profit of 5570.5 kDKK in 2023. The operating profit was 1971.2 kDKK, while net earnings were 1500.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 91 %, which can be considered excellent and Return on Equity (ROE) was 142.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47 %, 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. DANISH NETWORK ASSOCIATION ApS's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 908.694 496.174 878.274 085.645 570.54
EBIT929.351 462.341 392.15667.461 971.17
Net earnings689.521 108.451 063.74489.881 500.37
Shareholders equity total769.521 277.971 425.961 015.841 091.21
Balance sheet total (assets)1 985.032 682.782 567.712 008.562 323.88
Net debt- 907.95-1 422.68- 860.64- 375.64- 936.83
Profitability
EBIT-%
ROA42.9 %62.7 %53.1 %29.2 %91.0 %
ROE62.8 %108.3 %78.7 %40.1 %142.4 %
ROI81.9 %140.7 %102.7 %54.6 %185.6 %
Economic value added (EVA)707.281 139.241 088.19469.871 489.14
Solvency
Equity ratio38.8 %47.6 %55.5 %50.6 %47.0 %
Gearing2.7 %0.8 %0.1 %0.4 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.12.62.02.5
Current ratio1.82.12.62.02.5
Cash and cash equivalents928.671 432.92862.38379.82950.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:91.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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