DECAMIN TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DECAMIN TRADING ApS
DECAMIN TRADING ApS (CVR number: 66614115) is a company from REBILD. The company recorded a gross profit of 137.2 kDKK in 2023. The operating profit was 59.2 kDKK, while net earnings were -2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.8 %, 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. DECAMIN TRADING ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 77.34 | 38.30 | 216.73 | 1 606.67 | 137.23 |
EBIT | -7.13 | -37.60 | 93.00 | 86.26 | 59.17 |
Net earnings | -9.49 | -31.76 | 67.64 | 53.07 | -2.01 |
Shareholders equity total | 1 328.67 | 1 296.90 | 1 364.54 | 1 417.61 | 1 415.60 |
Balance sheet total (assets) | 2 088.27 | 1 626.63 | 4 054.16 | 2 959.49 | 2 730.44 |
Net debt | - 908.87 | -1 003.56 | - 632.85 | -1 481.54 | - 328.95 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.4 % | -2.0 % | 3.3 % | 2.5 % | 2.4 % |
ROE | -0.8 % | -2.4 % | 5.1 % | 3.8 % | -0.1 % |
ROI | -0.6 % | -2.9 % | 7.0 % | 6.2 % | 4.9 % |
Economic value added (EVA) | -20.07 | -49.81 | 58.17 | 31.12 | 45.22 |
Solvency | |||||
Equity ratio | 63.6 % | 79.7 % | 51.0 % | 47.9 % | 51.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 3.9 | 2.9 | 1.8 | 1.2 |
Current ratio | 2.7 | 4.9 | 1.5 | 1.9 | 1.3 |
Cash and cash equivalents | 908.87 | 1 003.56 | 632.85 | 1 481.54 | 328.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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