DESMI PUMPING TECHNOLOGY A/S

CVR number: 19351211
Tagholm 1, 9400 Nørresundby
tel: 98175499

Credit rating

Company information

Official name
DESMI PUMPING TECHNOLOGY A/S
Personnel
241 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DESMI PUMPING TECHNOLOGY A/S

DESMI PUMPING TECHNOLOGY A/S (CVR number: 19351211) is a company from AALBORG. The company reported a net sales of 923.1 mDKK in 2023, demonstrating a decline of -9.2 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 39.5 mDKK), while net earnings were 102.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. DESMI PUMPING TECHNOLOGY A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales884.18728.41711.041 016.80923.14
Gross profit159.29110.4376.7348.66127.40
EBIT80.0554.9621.78-19.2239.48
Net earnings227.63125.6572.8754.47102.20
Shareholders equity total377.07409.00412.82379.74428.32
Balance sheet total (assets)694.69746.34820.97964.14826.33
Net debt471.28276.63
Profitability
EBIT-%9.1 %7.5 %3.1 %-1.9 %4.3 %
ROA14.7 %7.6 %2.8 %6.6 %14.1 %
ROE80.7 %32.0 %17.7 %13.7 %25.3 %
ROI15.5 %7.6 %2.8 %7.0 %16.0 %
Economic value added (EVA)86.9236.011.23-35.3250.83
Solvency
Equity ratio100.0 %100.0 %100.0 %39.9 %52.6 %
Gearing126.9 %66.6 %
Relative net indebtedness %56.1 %41.8 %
Liquidity
Quick ratio0.40.4
Current ratio0.91.0
Cash and cash equivalents10.608.56
Capital use efficiency
Trade debtors turnover (days)13.410.9
Net working capital %-3.4 %-0.4 %
Credit risk
Credit ratingBBBBBAAAA

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

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