DAMM CELLULAR SYSTEMS A/S — Credit Rating and Financial Key Figures

CVR number: 71257010
Møllegade 68, 6400 Sønderborg
tel: 74423230
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Credit rating

Company information

Official name
DAMM CELLULAR SYSTEMS A/S
Personnel
79 persons
Established
1982
Company form
Limited company
Industry

About DAMM CELLULAR SYSTEMS A/S

DAMM CELLULAR SYSTEMS A/S (CVR number: 71257010) is a company from SØNDERBORG. The company recorded a gross profit of 86.3 mDKK in 2023. The operating profit was 36.3 mDKK, while net earnings were 25.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 30.5 %, which can be considered excellent and Return on Equity (ROE) was 29.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66 %, 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. DAMM CELLULAR SYSTEMS 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit56 538.0063 384.0056 365.0077 159.0086 272.06
EBIT9 208.0012 745.0010 268.0030 360.0036 293.15
Net earnings37 174.0025 133.79
Shareholders equity total61 751.0063 838.0063 808.0092 984.0076 190.24
Balance sheet total (assets)101 862.00100 208.0093 698.00127 006.00115 500.15
Net debt-7 402.00-6 453.0011 020.00-3 026.00-7 481.56
Profitability
EBIT-%
ROA11.8 %10.7 %9.2 %40.0 %30.5 %
ROE47.4 %29.7 %
ROI15.3 %13.6 %11.3 %47.4 %39.2 %
Economic value added (EVA)3 902.626 348.625 387.3020 335.9224 580.93
Solvency
Equity ratio60.6 %63.7 %68.6 %73.3 %66.0 %
Gearing20.2 %18.6 %20.2 %11.8 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.81.92.41.0
Current ratio3.23.43.94.42.4
Cash and cash equivalents19 903.0018 343.001 854.0013 954.0010 275.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:30.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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