DANSAC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSAC A/S
DANSAC A/S (CVR number: 34094810) is a company from FREDENSBORG. The company reported a net sales of 503.9 mDKK in 2023, demonstrating a decline of -0.9 % compared to the previous year. The operating profit percentage was at 28.2 % (EBIT: 142.1 mDKK), while net earnings were 121.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 74.4 %, which can be considered excellent and Return on Equity (ROE) was 77.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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 1.4 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 525.11 | 508.60 | 503.86 | |
Gross profit | 386.91 | 368.99 | 363.28 | |
EBIT | 176.40 | 159.93 | 142.06 | |
Net earnings | 171.25 | 130.91 | 121.21 | |
Shareholders equity total | 233.10 | 200.35 | 160.26 | 151.47 |
Balance sheet total (assets) | 256.62 | 204.10 | 223.38 | |
Net debt | -63.20 | -3.87 | -7.65 | |
Profitability | ||||
EBIT-% | 33.6 % | 31.4 % | 28.2 % | |
ROA | 82.1 % | 73.5 % | 74.4 % | |
ROE | 39.5 % | 72.6 % | 77.8 % | |
ROI | 102.6 % | 91.7 % | 97.8 % | |
Economic value added (EVA) | 132.08 | 121.49 | 108.49 | |
Solvency | ||||
Equity ratio | 100.0 % | 78.1 % | 78.5 % | 67.8 % |
Gearing | 2.2 % | 1.4 % | 5.6 % | |
Relative net indebtedness % | -2.3 % | 7.1 % | 10.8 % | |
Liquidity | ||||
Quick ratio | 3.0 | 2.5 | 1.4 | |
Current ratio | 3.8 | 3.6 | 2.1 | |
Cash and cash equivalents | 67.62 | 6.19 | 16.13 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | 2.4 | 0.2 | 0.0 | |
Net working capital % | 24.1 % | 17.0 % | 13.9 % | |
Credit risk | ||||
Credit rating | BBB | BBB | BBB |
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