DS SMITH PACKAGING DENMARK A/S

CVR number: 21153702
Åstrupvej 30, 8500 Grenaa
bjarne.bomberg@dssmith.com
tel: 72149101

Credit rating

Company information

Official name
DS SMITH PACKAGING DENMARK A/S
Personnel
715 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon17Manufacture of paper and paper products

About DS SMITH PACKAGING DENMARK A/S

DS SMITH PACKAGING DENMARK A/S (CVR number: 21153702) is a company from NORDDJURS. The company reported a net sales of 1261.5 mDKK in 2023, demonstrating a decline of -16.2 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 35.3 mDKK), while net earnings were 4712 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DS SMITH PACKAGING DENMARK A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales1 200.461 160.201 369.411 506.141 261.52
Gross profit259.65257.19202.76257.24290.79
EBIT9.5727.50-43.50-2.6535.31
Net earnings-5.7113.31-41.01-16.044.71
Shareholders equity total189.63202.75161.79145.86150.61
Balance sheet total (assets)802.47807.46881.39922.97855.07
Net debt382.73320.11425.22495.10432.79
Profitability
EBIT-%0.8 %2.4 %-3.2 %-0.2 %2.8 %
ROA1.0 %3.4 %-5.2 %-0.3 %4.2 %
ROE-3.0 %6.8 %-22.5 %-10.4 %3.2 %
ROI1.3 %4.6 %-7.3 %-0.4 %5.7 %
Economic value added (EVA)0.3613.95-42.02-7.0521.13
Solvency
Equity ratio23.6 %25.1 %18.4 %15.8 %17.6 %
Gearing203.2 %160.3 %265.2 %340.9 %287.8 %
Relative net indebtedness %47.0 %47.8 %49.7 %49.3 %52.7 %
Liquidity
Quick ratio0.40.50.70.80.8
Current ratio0.70.81.01.21.2
Cash and cash equivalents2.585.013.892.070.69
Capital use efficiency
Trade debtors turnover (days)22.630.946.553.549.3
Net working capital %-8.4 %-5.0 %1.0 %4.1 %3.4 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:4.18%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.6%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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