DANSKE LICENS SPIL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSKE LICENS SPIL A/S
DANSKE LICENS SPIL A/S (CVR number: 33034474K) is a company from BRØNDBY. The company recorded a gross profit of -473129 kDKK in 2024. The operating profit was 237.6 mDKK, while net earnings were 175.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANSKE LICENS SPIL A/S's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 839 463.00 | ||||
Gross profit | 1 316 210.00 | - 477 051.00 | - 448 758.00 | - 478 452.00 | - 473 129.00 |
EBIT | 213 175.00 | 241 941.00 | 263 518.00 | 211 627.00 | 237 618.00 |
Net earnings | 126 690.00 | 163 299.00 | 170 956.00 | 146 766.00 | 175 381.00 |
Shareholders equity total | 729 961.00 | 771 677.00 | 783 701.00 | 764 424.00 | 800 373.00 |
Balance sheet total (assets) | 1 119 725.00 | 1 092 582.00 | 1 156 291.00 | 1 071 552.00 | 1 112 388.00 |
Net debt | - 325 896.00 | - 462 488.00 | - 413 493.00 | - 310 052.00 | - 390 949.00 |
Profitability | |||||
EBIT-% | 11.6 % | ||||
ROA | 18.3 % | 21.9 % | 23.6 % | 20.7 % | 26.6 % |
ROE | 16.3 % | 21.7 % | 22.0 % | 19.0 % | 22.4 % |
ROI | 26.0 % | 30.7 % | 32.8 % | 28.8 % | 36.6 % |
Economic value added (EVA) | 165 437.21 | 203 562.24 | 212 821.63 | 171 933.75 | 191 106.72 |
Solvency | |||||
Equity ratio | 65.3 % | 70.7 % | 67.9 % | 71.7 % | 72.3 % |
Gearing | 7.7 % | 6.1 % | 2.6 % | ||
Relative net indebtedness % | 0.4 % | ||||
Liquidity | |||||
Quick ratio | 2.0 | 2.6 | 2.5 | 2.8 | 3.2 |
Current ratio | 2.0 | 2.6 | 2.5 | 2.8 | 3.2 |
Cash and cash equivalents | 382 359.00 | 462 488.00 | 461 072.00 | 310 052.00 | 412 020.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.9 | ||||
Net working capital % | 17.6 % | ||||
Credit risk | |||||
Credit rating | AA | BBB | BBB | BBB | BBB |
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