DANISH YACHTS A/S — Credit Rating and Financial Key Figures

CVR number: 25356527
Vestre Tværmole 28, 9990 Skagen
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Company information

Official name
DANISH YACHTS A/S
Personnel
14 persons
Established
2000
Company form
Limited company
Industry

About DANISH YACHTS A/S

DANISH YACHTS A/S (CVR number: 25356527) is a company from FREDERIKSHAVN. The company recorded a gross profit of 28.4 mDKK in 2024. The operating profit was 15.1 mDKK, while net earnings were 16.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.5 %, which can be considered excellent and Return on Equity (ROE) was 37.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. DANISH YACHTS A/S's liquidity measured by quick ratio was 20.8 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 profit25 011.5329 225.9033 862.1927 446.7328 360.00
EBIT12 459.3017 408.4221 280.3615 061.9815 113.94
Net earnings12 982.8016 659.3721 882.9215 977.4616 232.53
Shareholders equity total40 361.9647 021.3243 904.2434 881.7051 114.23
Balance sheet total (assets)42 502.7651 199.6247 735.0738 386.2767 784.23
Net debt-8 858.81-21 237.03-18 390.52-13 765.10-30 995.54
Profitability
EBIT-%
ROA26.7 %38.1 %44.3 %37.2 %32.5 %
ROE28.0 %38.1 %48.1 %40.6 %37.8 %
ROI27.7 %40.2 %46.8 %38.8 %33.5 %
Economic value added (EVA)9 827.2014 244.8018 917.5412 797.3813 302.72
Solvency
Equity ratio95.0 %91.8 %92.0 %90.9 %75.4 %
Gearing2.6 %3.3 %27.9 %
Relative net indebtedness %
Liquidity
Quick ratio15.89.710.38.920.8
Current ratio15.89.710.38.920.8
Cash and cash equivalents8 858.8121 237.0319 552.9214 927.5045 234.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:32.5%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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