Dayforce A/S — Credit Rating and Financial Key Figures

CVR number: 36699752
Per Henrik Lings Allé 4, 2100 København Ø

Credit rating

Company information

Official name
Dayforce A/S
Personnel
76 persons
Established
2015
Company form
Limited company
Industry

About Dayforce A/S

Dayforce A/S (CVR number: 36699752) is a company from KØBENHAVN. The company recorded a gross profit of 19.3 mDKK in 2022. The operating profit was -34.4 mDKK, while net earnings were -30.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -14.1 %, which can be considered poor and Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.1 %, 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. Dayforce A/S's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit8 970.5017 392.8917 660.1527 596.8519 317.68
EBIT-14 857.16-24 727.28-39 580.91-25 043.15-34 431.11
Net earnings-13 363.43-23 473.89-36 801.63-20 371.18-30 297.94
Shareholders equity total10 903.2025 017.11201 503.19181 132.01150 838.24
Balance sheet total (assets)35 481.1367 870.82264 935.64247 488.16221 464.95
Net debt-14 250.04-36 584.96- 209 856.59- 167 932.09- 149 518.69
Profitability
EBIT-%
ROA-46.9 %-47.8 %-23.7 %-9.1 %-14.1 %
ROE-120.6 %-130.7 %-32.5 %-10.6 %-18.3 %
ROI-113.7 %-137.7 %-34.8 %-12.2 %-19.8 %
Economic value added (EVA)-12 891.79-22 477.04-35 574.65-20 152.63-29 447.03
Solvency
Equity ratio30.7 %36.9 %76.1 %73.2 %68.1 %
Gearing0.0 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.34.23.22.5
Current ratio1.11.34.23.22.5
Cash and cash equivalents14 250.0436 584.96209 856.59167 946.52150 092.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-14.1%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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