DAMSGAARDS AUTOLAKERING A/S

CVR number: 28660812
H.C. Ørsteds Vej 29 A, 9900 Frederikshavn
tel: 98422752

Credit rating

Company information

Official name
DAMSGAARDS AUTOLAKERING A/S
Personnel
5 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 532.341 859.922 510.212 709.132 032.10
EBIT1 041.22- 404.10408.14848.4375.68
Net earnings718.37- 432.63236.64590.53-25.59
Shareholders equity total1 747.281 014.641 251.281 841.811 816.23
Balance sheet total (assets)6 111.585 001.665 749.415 536.494 914.26
Net debt2 059.851 842.552 044.752 170.162 245.18
Profitability
EBIT-%
ROA19.0 %-7.3 %7.6 %15.4 %1.5 %
ROE43.9 %-31.3 %20.9 %38.2 %-1.4 %
ROI24.7 %-9.6 %10.0 %19.0 %1.7 %
Economic value added (EVA)655.57- 498.13183.19509.02- 125.05
Solvency
Equity ratio28.6 %20.3 %21.8 %33.3 %37.0 %
Gearing148.9 %236.0 %234.4 %145.4 %133.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.81.01.31.2
Current ratio0.80.91.11.41.5
Cash and cash equivalents541.76551.74887.64507.87171.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:1.45%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.0%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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