DANHEAT A/S

CVR number: 14590234
Niels Ebbesens Vej 9, 7500 Holstebro
danheat@danheat.dk
tel: 97402770

Credit rating

Company information

Official name
DANHEAT A/S
Personnel
2 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DANHEAT A/S

DANHEAT A/S (CVR number: 14590234) is a company from HOLSTEBRO. The company recorded a gross profit of 1256 kDKK in 2019. The operating profit was -156.3 kDKK, while net earnings were -215.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -51.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANHEAT A/S'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
2016201720182019
Volume
Net sales
Gross profit1 881.141 937.321 883.331 256.03
EBIT8.40268.58202.92- 156.35
Net earnings- 114.75100.0167.08- 215.80
Shareholders equity total357.32457.33524.41308.61
Balance sheet total (assets)3 095.682 841.002 486.182 500.03
Net debt1 877.961 570.311 404.351 741.22
Profitability
EBIT-%
ROA0.4 %9.1 %7.6 %-6.3 %
ROE-32.1 %24.6 %13.7 %-51.8 %
ROI0.5 %12.0 %9.5 %-7.4 %
Economic value added (EVA)6.65159.72107.53- 176.73
Solvency
Equity ratio11.5 %16.1 %21.1 %12.3 %
Gearing525.6 %343.4 %267.8 %564.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.10.2
Current ratio0.90.91.10.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-6.27%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.3%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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