DANISH FORESTRY EXTENSION (DFE) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH FORESTRY EXTENSION (DFE) A/S
DANISH FORESTRY EXTENSION (DFE) A/S (CVR number: 25096045) is a company from HØRSHOLM. The company reported a net sales of 4.9 mDKK in 2021, demonstrating a growth of 4.6 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 0.1 mDKK), while net earnings were 85.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. DANISH FORESTRY EXTENSION (DFE) A/S's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 486.99 | 8 979.23 | 7 707.57 | 4 671.17 | 4 886.06 |
Gross profit | 1 819.53 | 2 038.02 | 1 824.96 | 1 448.88 | 1 168.15 |
EBIT | 144.00 | 427.28 | 48.53 | - 186.88 | 102.36 |
Net earnings | 107.89 | 328.18 | 29.96 | - 193.63 | 85.47 |
Shareholders equity total | 1 048.18 | 1 376.36 | 1 406.31 | 1 212.68 | 1 298.15 |
Balance sheet total (assets) | 1 604.74 | 2 188.47 | 1 892.43 | 1 709.40 | 2 065.45 |
Net debt | - 617.59 | -1 697.11 | -1 186.88 | -1 304.45 | -1 387.00 |
Profitability | |||||
EBIT-% | 2.2 % | 4.8 % | 0.6 % | -4.0 % | 2.1 % |
ROA | 9.3 % | 22.5 % | 2.4 % | -10.4 % | 5.4 % |
ROE | 10.1 % | 27.1 % | 2.2 % | -14.8 % | 6.8 % |
ROI | 13.5 % | 35.2 % | 3.4 % | -13.9 % | 8.2 % |
Economic value added (EVA) | 100.36 | 310.67 | 53.06 | - 197.91 | 106.97 |
Solvency | |||||
Equity ratio | 65.3 % | 62.9 % | 74.3 % | 70.9 % | 62.9 % |
Gearing | |||||
Relative net indebtedness % | -0.9 % | -9.9 % | -9.1 % | -17.3 % | -12.7 % |
Liquidity | |||||
Quick ratio | 2.9 | 2.7 | 4.6 | 3.4 | 2.7 |
Current ratio | 2.9 | 2.7 | 4.6 | 3.4 | 2.7 |
Cash and cash equivalents | 617.59 | 1 697.11 | 1 186.88 | 1 304.45 | 1 387.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.1 | 3.2 | 4.0 | 5.1 | 4.7 |
Net working capital % | 16.2 % | 15.3 % | 19.3 % | 26.0 % | 26.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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