DAMSGAARDS AUTOLAKERING A/S
Credit rating
Company information
About DAMSGAARDS AUTOLAKERING A/S
DAMSGAARDS AUTOLAKERING A/S (CVR number: 28660812) is a company from FREDERIKSHAVN. The company recorded a gross profit of 2032.1 kDKK in 2023. The operating profit was 75.7 kDKK, while net earnings were -25.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DAMSGAARDS AUTOLAKERING A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 532.34 | 1 859.92 | 2 510.21 | 2 709.13 | 2 032.10 |
EBIT | 1 041.22 | - 404.10 | 408.14 | 848.43 | 75.68 |
Net earnings | 718.37 | - 432.63 | 236.64 | 590.53 | -25.59 |
Shareholders equity total | 1 747.28 | 1 014.64 | 1 251.28 | 1 841.81 | 1 816.23 |
Balance sheet total (assets) | 6 111.58 | 5 001.66 | 5 749.41 | 5 536.49 | 4 914.26 |
Net debt | 2 059.85 | 1 842.55 | 2 044.75 | 2 170.16 | 2 245.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.0 % | -7.3 % | 7.6 % | 15.4 % | 1.5 % |
ROE | 43.9 % | -31.3 % | 20.9 % | 38.2 % | -1.4 % |
ROI | 24.7 % | -9.6 % | 10.0 % | 19.0 % | 1.7 % |
Economic value added (EVA) | 655.57 | - 498.13 | 183.19 | 509.02 | - 125.05 |
Solvency | |||||
Equity ratio | 28.6 % | 20.3 % | 21.8 % | 33.3 % | 37.0 % |
Gearing | 148.9 % | 236.0 % | 234.4 % | 145.4 % | 133.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 1.0 | 1.3 | 1.2 |
Current ratio | 0.8 | 0.9 | 1.1 | 1.4 | 1.5 |
Cash and cash equivalents | 541.76 | 551.74 | 887.64 | 507.87 | 171.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BB | BBB | BBB | BBB |
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