DANNEVANG AUTO ApS — Credit Rating and Financial Key Figures

CVR number: 36534850
Hobrovej 335, 8920 Randers NV

Credit rating

Company information

Official name
DANNEVANG AUTO ApS
Personnel
11 persons
Established
2015
Company form
Private limited company
Industry

About DANNEVANG AUTO ApS

DANNEVANG AUTO ApS (CVR number: 36534850) is a company from RANDERS. The company recorded a gross profit of 5000.1 kDKK in 2024. The operating profit was 244.8 kDKK, while net earnings were -142.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. DANNEVANG AUTO ApS's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 900.623 932.553 850.445 075.255 000.05
EBIT291.891 097.89569.06909.82244.82
Net earnings103.87787.99283.11424.18- 142.86
Shareholders equity total1 126.321 914.311 997.422 421.612 278.75
Balance sheet total (assets)5 547.448 050.118 473.3410 000.389 533.92
Net debt2 481.013 109.215 036.656 147.735 299.76
Profitability
EBIT-%
ROA5.0 %16.9 %7.2 %9.9 %2.5 %
ROE9.7 %51.8 %14.5 %19.2 %-6.1 %
ROI7.1 %25.9 %9.7 %11.5 %3.0 %
Economic value added (EVA)175.06796.75355.89596.5885.29
Solvency
Equity ratio20.3 %23.8 %23.6 %24.2 %23.9 %
Gearing223.2 %165.5 %253.2 %254.6 %234.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.10.10.2
Current ratio1.11.21.21.11.1
Cash and cash equivalents33.2658.9121.3416.6031.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.51%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.9%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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