DANSK CYKEL TRAILER FABRIK ApS — Credit Rating and Financial Key Figures

CVR number: 26621402
Industrivej 78, 7080 Børkop

Credit rating

Company information

Official name
DANSK CYKEL TRAILER FABRIK ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About DANSK CYKEL TRAILER FABRIK ApS

DANSK CYKEL TRAILER FABRIK ApS (CVR number: 26621402) is a company from VEJLE. The company recorded a gross profit of 251.3 kDKK in 2023. The operating profit was 128.8 kDKK, while net earnings were 54.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.4 %, 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. DANSK CYKEL TRAILER FABRIK ApS's liquidity measured by quick ratio was 1.6 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 profit213.67860.701 404.46411.98251.33
EBIT-31.53547.871 038.69106.40128.76
Net earnings-4.33451.33880.17125.1754.09
Shareholders equity total1 567.602 018.932 899.103 024.27578.36
Balance sheet total (assets)2 519.823 320.053 951.174 271.221 196.12
Net debt180.66- 348.85- 232.8619.03302.45
Profitability
EBIT-%
ROA0.8 %21.5 %31.9 %4.2 %6.1 %
ROE-0.3 %25.2 %35.8 %4.2 %3.0 %
ROI1.1 %33.3 %47.2 %5.5 %7.9 %
Economic value added (EVA)- 113.66342.57722.21-51.77-40.72
Solvency
Equity ratio62.2 %60.8 %73.4 %70.8 %48.4 %
Gearing11.5 %10.8 %52.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.64.73.21.6
Current ratio2.52.74.73.41.7
Cash and cash equivalents348.85232.86306.791.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.13%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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