DANSK HANDEL ApS — Credit Rating and Financial Key Figures

CVR number: 30512529
Samsøvej 34, 8382 Hinnerup

Credit rating

Company information

Official name
DANSK HANDEL ApS
Established
2007
Company form
Private limited company
Industry

About DANSK HANDEL ApS

DANSK HANDEL ApS (CVR number: 30512529) is a company from FAVRSKOV. The company recorded a gross profit of -32.5 kDKK in 2023. The operating profit was -142.4 kDKK, while net earnings were -118.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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 HANDEL ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit264.01298.99247.78165.14-32.50
EBIT- 370.98138.32367.2853.65- 142.44
Net earnings- 453.86181.94148.5634.27- 118.77
Shareholders equity total3 460.863 642.803 791.362 825.632 706.86
Balance sheet total (assets)8 360.268 377.935 896.614 970.414 814.21
Net debt4 744.164 608.961 859.722 031.282 040.12
Profitability
EBIT-%
ROA-4.2 %1.9 %5.5 %1.0 %-2.9 %
ROE-12.3 %5.1 %4.0 %1.0 %-4.3 %
ROI-4.3 %2.0 %5.6 %1.0 %-2.9 %
Economic value added (EVA)- 757.36- 305.62- 144.77- 223.74- 336.34
Solvency
Equity ratio41.4 %43.5 %64.3 %56.8 %56.2 %
Gearing137.6 %126.5 %53.9 %73.7 %75.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.64.50.20.0
Current ratio2.42.64.50.20.0
Cash and cash equivalents18.40182.4350.404.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:-2.91%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.2%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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