DANBIRD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANBIRD A/S
DANBIRD A/S (CVR number: 18729504) is a company from VARDE. The company recorded a gross profit of -35.7 kDKK in 2023. The operating profit was -87.4 kDKK, while net earnings were -65.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANBIRD A/S's liquidity measured by quick ratio was 19.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 923.50 | 1 764.73 | 1 755.91 | 367.69 | -35.68 |
EBIT | 1 269.75 | 1 153.92 | 1 538.36 | 309.42 | -87.41 |
Net earnings | 987.20 | 890.72 | 1 185.13 | 224.13 | -65.67 |
Shareholders equity total | 8 715.10 | 4 605.81 | 4 790.94 | 2 515.07 | 1 009.40 |
Balance sheet total (assets) | 9 421.27 | 5 300.32 | 6 395.71 | 6 172.76 | 1 064.33 |
Net debt | - 217.74 | -2 278.89 | -2 899.75 | -1 436.07 | - 104.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | 15.7 % | 26.4 % | 5.0 % | -2.3 % |
ROE | 12.0 % | 13.4 % | 25.2 % | 6.1 % | -3.7 % |
ROI | 7.0 % | 17.3 % | 32.0 % | 6.1 % | -2.7 % |
Economic value added (EVA) | 1 815.80 | 473.71 | 1 083.39 | 156.63 | 18.74 |
Solvency | |||||
Equity ratio | 92.5 % | 86.9 % | 74.9 % | 40.7 % | 94.8 % |
Gearing | 0.3 % | 4.4 % | 111.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 11.6 | 7.1 | 3.9 | 1.7 | 19.4 |
Current ratio | 13.2 | 7.6 | 4.0 | 1.7 | 19.4 |
Cash and cash equivalents | 217.74 | 2 292.15 | 3 111.60 | 4 246.40 | 104.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | B |
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