DEMSKOV EL A/S — Credit Rating and Financial Key Figures

CVR number: 19526704
Valhøjs Alle 150, 2610 Rødovre
reception@demskov.dk
tel: 36709550

Credit rating

Company information

Official name
DEMSKOV EL A/S
Personnel
85 persons
Established
1996
Company form
Limited company
Industry

About DEMSKOV EL A/S

DEMSKOV EL A/S (CVR number: 19526704) is a company from RØDOVRE. The company recorded a gross profit of 43.4 mDKK in 2023. The operating profit was 4520.8 kDKK, while net earnings were 3433.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 43.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.1 %, 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. DEMSKOV EL A/S's liquidity measured by quick ratio was 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit27 787.8040 563.8437 880.8036 391.6543 369.35
EBIT1 258.833 650.892 494.882 675.474 520.81
Net earnings889.182 670.411 817.501 976.363 433.70
Shareholders equity total3 785.496 455.906 073.396 249.759 683.45
Balance sheet total (assets)22 033.9924 354.4019 209.7027 618.2627 755.04
Net debt-1 309.57-4 351.62- 334.72957.80-2 075.24
Profitability
EBIT-%
ROA7.2 %15.8 %11.9 %12.0 %17.3 %
ROE24.8 %52.1 %29.0 %32.1 %43.1 %
ROI27.3 %50.5 %26.6 %27.0 %43.5 %
Economic value added (EVA)927.732 718.121 830.971 831.473 307.29
Solvency
Equity ratio23.7 %26.6 %33.9 %26.6 %40.1 %
Gearing0.0 %12.2 %48.0 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.52.22.02.6
Current ratio1.31.61.91.61.9
Cash and cash equivalents1 310.604 351.621 078.442 041.412 457.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.1%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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