DANSK MERCHANT CAPITAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK MERCHANT CAPITAL A/S
DANSK MERCHANT CAPITAL A/S (CVR number: 30504860) is a company from FREDERIKSBERG. The company recorded a gross profit of -1029.4 kDKK in 2023. The operating profit was -1246.6 kDKK, while net earnings were -1259.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -11.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANSK MERCHANT CAPITAL A/S's liquidity measured by quick ratio was 62.1 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 | 96.03 | - 828.74 | -1 003.14 | - 319.68 | -1 029.37 |
EBIT | -98.80 | -1 046.90 | -1 218.87 | - 532.76 | -1 246.55 |
Net earnings | -12 976.62 | 5 063.24 | -2 273.91 | -2 003.40 | -1 259.23 |
Shareholders equity total | 17 162.01 | 22 225.26 | 19 951.35 | 17 947.95 | 4 836.52 |
Balance sheet total (assets) | 66 535.32 | 66 199.72 | 58 130.45 | 27 765.42 | 4 901.60 |
Net debt | 46 234.56 | 42 775.13 | 36 195.23 | 6 000.60 | -4 015.51 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.4 % | 11.1 % | -0.4 % | -1.5 % | -7.4 % |
ROE | -54.9 % | 25.7 % | -10.8 % | -10.6 % | -11.1 % |
ROI | -14.7 % | 11.3 % | -0.4 % | -1.5 % | -7.5 % |
Economic value added (EVA) | - 483.82 | -2 428.07 | -2 251.01 | -1 125.43 | -1 467.47 |
Solvency | |||||
Equity ratio | 25.8 % | 33.6 % | 34.3 % | 64.6 % | 98.7 % |
Gearing | 281.8 % | 195.2 % | 187.4 % | 52.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.7 | 23.8 | 1.7 | 1.8 | 62.1 |
Current ratio | 7.7 | 23.8 | 1.7 | 1.8 | 62.1 |
Cash and cash equivalents | 2 133.44 | 617.87 | 1 198.38 | 3 345.49 | 4 015.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BB |
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