Döhler Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Döhler Denmark A/S
Döhler Denmark A/S (CVR number: 56462317) is a company from ODENSE. The company reported a net sales of 406.1 mDKK in 2023, demonstrating a growth of 22.3 % compared to the previous year. The operating profit percentage was at 8.5 % (EBIT: 34.6 mDKK), while net earnings were 27.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Döhler Denmark A/S's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 335.19 | 356.97 | 326.12 | 332.02 | 406.08 |
Gross profit | 36.92 | 40.51 | 36.59 | 43.87 | 73.35 |
EBIT | -1.53 | 2.32 | 3.46 | 2.64 | 34.55 |
Net earnings | -1.13 | 0.85 | 2.43 | 1.48 | 27.49 |
Shareholders equity total | 117.92 | 118.77 | 121.20 | 122.67 | 150.16 |
Balance sheet total (assets) | 183.74 | 210.50 | 217.00 | 195.94 | 221.91 |
Net debt | 10.22 | -1.54 | |||
Profitability | |||||
EBIT-% | -0.5 % | 0.6 % | 1.1 % | 0.8 % | 8.5 % |
ROA | -0.8 % | 1.2 % | 1.6 % | 1.3 % | 16.8 % |
ROE | -1.9 % | 0.7 % | 2.0 % | 1.2 % | 20.1 % |
ROI | -0.8 % | 1.2 % | 1.6 % | 1.5 % | 23.5 % |
Economic value added (EVA) | -1.53 | -3.61 | -2.51 | -4.01 | 21.36 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 62.6 % | 67.7 % |
Gearing | 13.5 % | 3.2 % | |||
Relative net indebtedness % | 19.3 % | 15.7 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 1.9 | |||
Current ratio | 2.1 | 2.6 | |||
Cash and cash equivalents | 6.29 | 6.33 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.1 | 48.0 | |||
Net working capital % | 21.8 % | 25.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | AAA | AAA |
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