DANX GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANX GROUP A/S
DANX GROUP A/S (CVR number: 28665210) is a company from ISHØJ. The company recorded a gross profit of -1371 kDKK in 2023. The operating profit was -1371 kDKK, while net earnings were 36.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.7 %, 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. DANX GROUP A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 552.00 | - 263.00 | -1 074.00 | -1 371.00 | |
EBIT | - 552.00 | - 263.00 | -1 074.00 | -1 371.00 | |
Net earnings | 15 668.00 | 32 741.00 | 58 803.00 | 36 091.00 | |
Shareholders equity total | 77 096.00 | 73 322.00 | 188 986.00 | 213 277.00 | |
Balance sheet total (assets) | 116 017.00 | 101 091.00 | 351 919.00 | 390 133.00 | |
Net debt | 37 608.00 | 27 542.00 | 162 735.00 | 176 416.00 | |
Profitability | |||||
EBIT-% | |||||
ROA | 16.1 % | 31.0 % | 21.2 % | 13.1 % | |
ROE | 22.1 % | 43.5 % | 31.1 % | 17.9 % | |
ROI | 16.2 % | 31.3 % | 21.2 % | 13.1 % | |
Economic value added (EVA) | 2 360.24 | 97.50 | 2 665.51 | - 840.87 | 6 005.60 |
Solvency | |||||
Equity ratio | 66.5 % | 72.5 % | 53.7 % | 54.7 % | |
Gearing | 48.8 % | 37.6 % | 86.1 % | 82.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 0.6 | 0.1 | 0.3 | |
Current ratio | 1.8 | 0.6 | 0.1 | 0.3 | |
Cash and cash equivalents | 25.00 | 8.00 | 35.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA |
Variable visualization
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