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DANREC A/S — Credit Rating and Financial Key Figures

CVR number: 16171700
Vandværksvej 5, 7470 Karup J
tel: 97100211
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Credit rating

Company information

Official name
DANREC A/S
Personnel
30 persons
Established
1992
Company form
Limited company
Industry

About DANREC A/S

DANREC A/S (CVR number: 16171700) is a company from VIBORG. The company recorded a gross profit of 44.8 mDKK in 2025. The operating profit was 16.2 mDKK, while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, 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 30.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANREC A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit20 219.3015 408.8422 353.0538 611.3644 758.02
EBIT9 041.621 360.795 491.4615 579.9016 241.08
Net earnings6 820.37546.873 810.2111 705.0911 531.39
Shareholders equity total21 436.2415 162.7418 972.9526 867.8226 694.12
Balance sheet total (assets)42 760.1448 325.1546 842.8959 643.1288 299.63
Net debt15 120.3826 866.3619 049.4117 625.5438 223.83
Profitability
EBIT-%
ROA25.1 %3.0 %11.7 %29.6 %22.0 %
ROE37.8 %3.0 %22.3 %51.1 %43.1 %
ROI27.4 %3.2 %12.3 %32.7 %25.2 %
Economic value added (EVA)5 810.33- 610.282 037.419 999.8210 060.69
Solvency
Equity ratio50.1 %31.4 %40.5 %45.0 %30.2 %
Gearing74.1 %198.9 %122.2 %85.5 %177.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.33.31.41.4
Current ratio3.26.15.12.52.5
Cash and cash equivalents767.773 288.294 140.195 348.979 275.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:30.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
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