Credit rating
Company information
About DSV ROAD A/S
DSV ROAD A/S (CVR number: 26366224) is a company from Høje-Taastrup. The company reported a net sales of 7321.5 mDKK in 2023, demonstrating a decline of -5 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 289.7 mDKK), while net earnings were 222.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 36 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.7 %, 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. DSV ROAD A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 324.33 | 5 598.32 | 6 597.60 | 7 704.02 | 7 321.50 |
Gross profit | 882.13 | 910.77 | 1 042.30 | 1 155.09 | 1 186.44 |
EBIT | 392.47 | 239.18 | 280.30 | 1 339.92 | 289.74 |
Net earnings | 300.74 | 175.83 | 210.84 | 1 024.83 | 222.52 |
Shareholders equity total | 578.86 | 437.91 | 225.22 | 1 044.32 | 190.30 |
Balance sheet total (assets) | 2 524.12 | 2 115.53 | 4 473.40 | 2 812.73 | 1 959.80 |
Net debt | 78.14 | 133.14 | 148.91 | ||
Profitability | |||||
EBIT-% | 7.4 % | 4.3 % | 4.2 % | 17.4 % | 4.0 % |
ROA | 18.8 % | 10.3 % | 9.0 % | 37.5 % | 15.4 % |
ROE | 52.5 % | 34.6 % | 63.6 % | 161.4 % | 36.0 % |
ROI | 60.7 % | 42.4 % | 71.3 % | 177.0 % | 47.2 % |
Economic value added (EVA) | 363.96 | 210.09 | 194.14 | 1 145.26 | 173.53 |
Solvency | |||||
Equity ratio | 22.9 % | 20.7 % | 6.3 % | 37.1 % | 9.7 % |
Gearing | 34.7 % | 12.8 % | 78.3 % | ||
Relative net indebtedness % | 35.3 % | 29.2 % | 63.7 % | 22.7 % | 23.9 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 0.6 | 1.5 | 1.0 |
Current ratio | 1.2 | 1.1 | 0.5 | 1.6 | 1.0 |
Cash and cash equivalents | 0.07 | 0.07 | 0.07 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.5 | 52.6 | 49.3 | ||
Net working capital % | 6.8 % | 2.0 % | -32.8 % | 12.5 % | 0.8 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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