DØGNET RUNDT GLAS ØST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DØGNET RUNDT GLAS ØST A/S
DØGNET RUNDT GLAS ØST A/S (CVR number: 27190502) is a company from AARHUS. The company recorded a gross profit of 2438 kDKK in 2022. The operating profit was 42.8 kDKK, while net earnings were -1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. 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. DØGNET RUNDT GLAS ØST A/S's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 360.95 | 3 500.68 | 2 165.81 | 3 008.73 | 2 438.04 |
EBIT | 332.03 | 626.51 | - 498.38 | 355.08 | 42.78 |
Net earnings | 256.40 | 473.73 | - 458.77 | 333.44 | -0.95 |
Shareholders equity total | 1 427.45 | 1 901.18 | 1 442.41 | 1 775.86 | 1 774.90 |
Balance sheet total (assets) | 2 650.21 | 3 347.20 | 2 444.80 | 2 587.19 | 2 353.55 |
Net debt | - 395.81 | - 533.72 | - 528.58 | - 382.58 | - 361.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.1 % | 20.9 % | -17.1 % | 14.1 % | 1.7 % |
ROE | 11.2 % | 28.5 % | -27.4 % | 20.7 % | -0.1 % |
ROI | 14.8 % | 30.0 % | -25.0 % | 20.1 % | 2.2 % |
Economic value added (EVA) | 158.54 | 452.66 | - 500.37 | 302.68 | -32.40 |
Solvency | |||||
Equity ratio | 53.9 % | 56.8 % | 59.0 % | 68.6 % | 75.4 % |
Gearing | 23.1 % | 22.0 % | 10.2 % | 8.1 % | 8.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 1.7 | 2.4 | 3.5 |
Current ratio | 1.5 | 1.9 | 1.8 | 2.5 | 3.5 |
Cash and cash equivalents | 725.52 | 951.36 | 675.93 | 526.75 | 509.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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