Dantherm Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 20864591
Marienlystvej 65, 7800 Skive
tel: 96143700

Credit rating

Company information

Official name
Dantherm Denmark A/S
Personnel
264 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About Dantherm Denmark A/S

Dantherm Denmark A/S (CVR number: 20864591) is a company from SKIVE. The company reported a net sales of 505.4 mDKK in 2023, demonstrating a growth of 12.5 % compared to the previous year. The operating profit percentage was at 12.9 % (EBIT: 65.3 mDKK), while net earnings were 47.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 38.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. Dantherm Denmark A/S'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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales333.79326.87375.47449.40505.38
Gross profit333.79326.87375.47190.59221.52
EBIT11.9420.3732.4436.2465.34
Net earnings6.6315.0421.9024.5047.59
Shareholders equity total81.2992.33102.53113.02134.14
Balance sheet total (assets)226.14223.67275.46328.49351.18
Net debt81.0961.24
Profitability
EBIT-%3.6 %6.2 %8.6 %8.1 %12.9 %
ROA5.3 %9.1 %13.0 %12.1 %19.4 %
ROE7.8 %17.3 %22.5 %22.7 %38.5 %
ROI6.2 %9.1 %13.0 %14.9 %29.1 %
Economic value added (EVA)5.9816.2827.8023.1246.76
Solvency
Equity ratio100.0 %100.0 %100.0 %35.1 %38.2 %
Gearing80.3 %68.7 %
Relative net indebtedness %43.4 %34.4 %
Liquidity
Quick ratio0.40.6
Current ratio1.21.3
Cash and cash equivalents9.6930.92
Capital use efficiency
Trade debtors turnover (days)26.925.5
Net working capital %7.3 %11.1 %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.2%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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