DANSAC A/S
Credit rating
Company information
About DANSAC A/S
DANSAC A/S (CVR number: 34094810K) is a company from FREDENSBORG. The company reported a net sales of 694.3 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was at 22.1 % (EBIT: 153.4 mDKK), while net earnings were 111.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 62 %, which can be considered excellent and Return on Equity (ROE) was 64.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. DANSAC A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 173.01 | 1 154.99 | 837.00 | 694.79 | 694.31 |
Gross profit | 1 173.01 | 1 154.99 | 471.00 | 421.58 | 413.00 |
EBIT | 211.99 | 219.49 | 194.19 | 173.48 | 153.42 |
Net earnings | 172.60 | 168.01 | 158.34 | 139.99 | 111.59 |
Shareholders equity total | 284.32 | 260.20 | 215.94 | 185.21 | 162.57 |
Balance sheet total (assets) | 415.90 | 412.73 | 292.89 | 246.62 | 251.16 |
Net debt | - 129.31 | -74.19 | -20.79 | -21.50 | |
Profitability | |||||
EBIT-% | 18.1 % | 19.0 % | 23.2 % | 25.0 % | 22.1 % |
ROA | 52.9 % | 53.0 % | 57.5 % | 67.9 % | 62.0 % |
ROE | 63.6 % | 61.7 % | 66.5 % | 69.8 % | 64.2 % |
ROI | 52.9 % | 53.0 % | 62.9 % | 85.5 % | 81.5 % |
Economic value added (EVA) | 198.99 | 205.20 | 144.55 | 130.14 | 112.98 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 73.7 % | 75.1 % | 64.7 % |
Gearing | 7.5 % | 4.7 % | 11.8 % | ||
Relative net indebtedness % | -11.2 % | -1.7 % | 4.4 % | 6.7 % | |
Liquidity | |||||
Quick ratio | 2.5 | 2.3 | 1.5 | ||
Current ratio | 3.1 | 3.1 | 2.0 | ||
Cash and cash equivalents | 129.31 | 90.30 | 29.46 | 40.76 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.4 | 0.1 | 0.8 | ||
Net working capital % | 11.2 % | 16.2 % | 15.1 % | 11.7 % | |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
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