Danco-flex ll ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danco-flex ll ApS
Danco-flex ll ApS (CVR number: 37208868) is a company from SKIVE. The company recorded a gross profit of -232 kDKK in 2024. The operating profit was -221.8 kDKK, while net earnings were -220 kDKK. The profitability of the company measured by Return on Assets (ROA) was -69.4 %, which can be considered poor and Return on Equity (ROE) was -98.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Danco-flex ll ApS's liquidity measured by quick ratio was 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 209.31 | 365.94 | 544.52 | 79.02 | - 232.04 |
| EBIT | 74.31 | 130.34 | 248.20 | 45.70 | - 221.81 |
| Net earnings | 19.77 | 104.01 | 174.73 | 37.54 | - 220.01 |
| Shareholders equity total | - 384.31 | - 280.30 | - 105.57 | -68.03 | 117.81 |
| Balance sheet total (assets) | 8.57 | 156.61 | 492.04 | 328.00 | 237.96 |
| Net debt | 225.09 | 195.21 | -55.82 | 198.99 | 62.54 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 18.4 % | 31.4 % | 48.0 % | 9.2 % | -69.4 % |
| ROE | 229.4 % | 125.9 % | 53.9 % | 9.2 % | -98.7 % |
| ROI | 33.0 % | 58.9 % | 158.6 % | 30.9 % | -116.0 % |
| Economic value added (EVA) | 83.32 | 138.29 | 206.55 | 38.74 | - 228.39 |
| Solvency | |||||
| Equity ratio | -97.8 % | -64.2 % | -17.7 % | -17.2 % | 49.5 % |
| Gearing | -58.8 % | -77.1 % | -91.7 % | -292.5 % | 53.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.5 | 0.8 | 0.8 | 1.9 |
| Current ratio | 0.0 | 0.5 | 0.8 | 0.8 | 1.9 |
| Cash and cash equivalents | 1.07 | 21.02 | 152.60 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | B | B | BB | BB |
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