DANSK VAREBILINDRETNING ApS

CVR number: 27231721
Silovej 11, 6093 Sjølund
dansk@varebilindretning.dk
tel: 75574028
www.varebilindretning.dk

Credit rating

Company information

Official name
DANSK VAREBILINDRETNING ApS
Personnel
6 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon31Manufacture of furniture

About DANSK VAREBILINDRETNING ApS

DANSK VAREBILINDRETNING ApS (CVR number: 27231721) is a company from KOLDING. The company recorded a gross profit of 2247.7 kDKK in 2023. The operating profit was 250.8 kDKK, while net earnings were 190.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 41.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANSK VAREBILINDRETNING ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 547.131 951.672 426.022 058.442 247.69
EBIT- 401.07123.78222.8244.85250.83
Net earnings- 317.9590.20167.4128.71190.78
Shareholders equity total81.41171.61339.02367.73558.50
Balance sheet total (assets)977.021 498.251 500.751 432.961 411.80
Net debt508.75520.19404.91425.48- 143.25
Profitability
EBIT-%
ROA-35.2 %10.0 %14.9 %3.1 %17.7 %
ROE-108.6 %71.3 %65.6 %8.1 %41.2 %
ROI-51.8 %16.8 %25.6 %4.8 %26.7 %
Economic value added (EVA)- 314.5394.78172.0726.24184.53
Solvency
Equity ratio8.3 %11.5 %22.6 %25.7 %39.6 %
Gearing687.2 %386.6 %168.0 %156.4 %67.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.80.61.0
Current ratio1.01.11.21.31.6
Cash and cash equivalents50.65143.26164.67149.79519.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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