Dansk Vandbehandling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Dansk Vandbehandling ApS
Dansk Vandbehandling ApS (CVR number: 41479221) is a company from AARHUS. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 22.6 % compared to the previous year. The operating profit percentage was at 20.2 % (EBIT: 0.3 mDKK), while net earnings were 249 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.9 %, which can be considered excellent and Return on Equity (ROE) was 72.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.9 %, 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. Dansk Vandbehandling ApS's liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 3 558.35 | 1 290.21 | 1 581.98 |
Gross profit | 1 041.49 | 729.33 | 1 033.44 |
EBIT | 229.92 | 99.45 | 319.52 |
Net earnings | 178.93 | 76.86 | 248.97 |
Shareholders equity total | 218.93 | 245.79 | 444.76 |
Balance sheet total (assets) | 250.62 | 449.33 | 857.76 |
Net debt | -85.15 | - 230.58 | - 213.12 |
Profitability | |||
EBIT-% | 6.5 % | 7.7 % | 20.2 % |
ROA | 92.0 % | 28.4 % | 48.9 % |
ROE | 81.7 % | 33.1 % | 72.1 % |
ROI | 105.3 % | 42.8 % | 92.5 % |
Economic value added (EVA) | 179.30 | 70.62 | 248.21 |
Solvency | |||
Equity ratio | 87.4 % | 54.7 % | 51.9 % |
Gearing | |||
Relative net indebtedness % | -1.5 % | -2.1 % | 12.6 % |
Liquidity | |||
Quick ratio | 7.0 | 2.1 | 2.0 |
Current ratio | 7.9 | 2.2 | 2.1 |
Cash and cash equivalents | 85.15 | 230.58 | 213.12 |
Capital use efficiency | |||
Trade debtors turnover (days) | 1.2 | 36.0 | 137.3 |
Net working capital % | 6.2 % | 19.1 % | 28.1 % |
Credit risk | |||
Credit rating | C | BBB | BBB |
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