DANBORING A/S — Credit Rating and Financial Key Figures

CVR number: 19623106
Diget 10, Thorning 8620 Kjellerup
heine@danboring.dk
tel: 86884155
www.danboring.dk

Company information

Official name
DANBORING A/S
Personnel
40 persons
Established
1996
Domicile
Thorning
Company form
Limited company
Industry

About DANBORING A/S

DANBORING A/S (CVR number: 19623106) is a company from SILKEBORG. The company recorded a gross profit of 65.5 mDKK in 2024. The operating profit was 33.9 mDKK, while net earnings were 27 mDKK. The profitability of the company measured by Return on Assets (ROA) was 54.6 %, which can be considered excellent and Return on Equity (ROE) was 61.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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. DANBORING A/S's liquidity measured by quick ratio was 2.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit59 615.4265 457.72
EBIT22 731.0028 492.0020 696.0034 588.4733 920.17
Net earnings17 081.0024 122.0017 034.0027 285.7426 959.37
Shareholders equity total27 257.0034 311.0035 894.0039 722.8547 682.22
Balance sheet total (assets)47 281.0047 465.0045 627.0064 913.2762 909.43
Net debt3 912.4649.43
Profitability
EBIT-%
ROA64.8 %60.1 %44.5 %63.4 %54.6 %
ROE82.2 %78.4 %48.5 %72.2 %61.7 %
ROI73.8 %60.1 %44.5 %77.2 %73.5 %
Economic value added (EVA)22 012.2727 122.3418 971.8725 149.0624 121.20
Solvency
Equity ratio100.0 %100.0 %100.0 %61.2 %75.8 %
Gearing11.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.4
Current ratio2.12.7
Cash and cash equivalents447.049.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:54.6%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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