Damgaard Works ApS — Credit Rating and Financial Key Figures

CVR number: 39526905
Strandgade 42, 1401 København K
jacob@damgaardworks.com
tel: 22905025
www.damgaardworks.com
Free credit report Annual report

Credit rating

Company information

Official name
Damgaard Works ApS
Personnel
16 persons
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit535.85461.1795.6560.5039.14
EBIT297.14195.1760.3739.05-6.75
Net earnings227.77108.9133.8119.04-17.00
Shareholders equity total332.32441.23475.05494.08477.09
Balance sheet total (assets)579.471 375.841 195.881 110.951 071.65
Net debt- 352.68536.78507.65545.18570.68
Profitability
EBIT-%
ROA58.7 %20.0 %4.8 %3.5 %-0.5 %
ROE104.3 %28.2 %7.4 %3.9 %-3.5 %
ROI136.0 %29.9 %6.2 %3.9 %-0.6 %
Economic value added (EVA)224.08125.63-6.86-23.70-60.05
Solvency
Equity ratio57.3 %32.1 %39.7 %44.5 %44.5 %
Gearing121.9 %107.6 %114.6 %120.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.00.50.60.70.6
Current ratio2.30.80.80.70.6
Cash and cash equivalents352.681.293.7320.924.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.54%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.5%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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