Damgaard Works ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Damgaard Works ApS
Damgaard Works ApS (CVR number: 39526905) is a company from KØBENHAVN. The company recorded a gross profit of 39.1 kDKK in 2024. The operating profit was -6.8 kDKK, while net earnings were -17 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.5 %, 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. Damgaard Works ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 535.85 | 461.17 | 95.65 | 60.50 | 39.14 |
EBIT | 297.14 | 195.17 | 60.37 | 39.05 | -6.75 |
Net earnings | 227.77 | 108.91 | 33.81 | 19.04 | -17.00 |
Shareholders equity total | 332.32 | 441.23 | 475.05 | 494.08 | 477.09 |
Balance sheet total (assets) | 579.47 | 1 375.84 | 1 195.88 | 1 110.95 | 1 071.65 |
Net debt | - 352.68 | 536.78 | 507.65 | 545.18 | 570.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 58.7 % | 20.0 % | 4.8 % | 3.5 % | -0.5 % |
ROE | 104.3 % | 28.2 % | 7.4 % | 3.9 % | -3.5 % |
ROI | 136.0 % | 29.9 % | 6.2 % | 3.9 % | -0.6 % |
Economic value added (EVA) | 224.08 | 125.63 | -6.86 | -23.70 | -60.05 |
Solvency | |||||
Equity ratio | 57.3 % | 32.1 % | 39.7 % | 44.5 % | 44.5 % |
Gearing | 121.9 % | 107.6 % | 114.6 % | 120.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 0.5 | 0.6 | 0.7 | 0.6 |
Current ratio | 2.3 | 0.8 | 0.8 | 0.7 | 0.6 |
Cash and cash equivalents | 352.68 | 1.29 | 3.73 | 20.92 | 4.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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