DANISH TECHNOLOGY AND EXPORT ApS

CVR number: 29687684
Skolevænget 19, 7430 Ikast
erikc@mvb.net
tel: 96608002

Credit rating

Company information

Official name
DANISH TECHNOLOGY AND EXPORT ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

DANISH TECHNOLOGY AND EXPORT ApS (CVR number: 29687684) is a company from IKAST-BRANDE. The company recorded a gross profit of 461.9 kDKK in 2019. The operating profit was -4.9 kDKK, while net earnings were -8.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.6 %, 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. DANISH TECHNOLOGY AND EXPORT ApS's liquidity measured by quick ratio was 1.8 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
2016201720182019
Volume
Net sales
Gross profit775.00843.00889.00461.93
EBIT330.00372.00432.00-4.86
Net earnings296.00289.00334.00-8.93
Shareholders equity total- 439.00- 150.00185.00176.12
Balance sheet total (assets)410.00395.00615.00394.96
Net debt434.00225.00- 189.00-71.45
Profitability
EBIT-%
ROA38.9 %53.4 %74.5 %-1.0 %
ROE72.2 %71.8 %115.2 %-4.9 %
ROI49.7 %67.1 %98.7 %-1.3 %
Economic value added (EVA)296.00322.62354.007.99
Solvency
Equity ratio-51.7 %-27.5 %30.1 %44.6 %
Gearing-151.3 %-294.7 %130.8 %74.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.71.41.8
Current ratio0.50.71.41.8
Cash and cash equivalents230.00217.00431.00202.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-0.96%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.6%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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