DM-FORMIDLING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DM-FORMIDLING A/S
DM-FORMIDLING A/S (CVR number: 11145833) is a company from AARHUS. The company recorded a gross profit of -11.7 kDKK in 2023. The operating profit was -11.7 kDKK, while net earnings were 3190.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DM-FORMIDLING A/S's liquidity measured by quick ratio was 3.2 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 | -11.97 | -11.46 | -10.36 | -11.92 | -11.71 |
EBIT | -11.97 | -11.46 | -10.36 | -11.92 | -11.71 |
Net earnings | 1 389.63 | 413.00 | 134.03 | 2 821.94 | 3 190.22 |
Shareholders equity total | 23 843.12 | 24 887.56 | 25 660.04 | 29 109.74 | 32 299.97 |
Balance sheet total (assets) | 23 892.73 | 24 953.48 | 25 739.09 | 29 208.74 | 32 401.67 |
Net debt | 36.95 | 49.73 | 59.44 | - 233.77 | - 226.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.8 % | 1.7 % | 0.5 % | 10.3 % | 10.4 % |
ROE | 2.8 % | 1.7 % | 0.5 % | 10.3 % | 10.4 % |
ROI | 2.8 % | 1.7 % | 0.5 % | 10.3 % | 10.4 % |
Economic value added (EVA) | 1 086.25 | 1 165.53 | 1 189.88 | 1 229.71 | 1 418.32 |
Solvency | |||||
Equity ratio | 99.8 % | 99.7 % | 99.7 % | 99.7 % | 99.7 % |
Gearing | 0.2 % | 0.2 % | 0.3 % | 0.3 % | 0.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 4.7 | 4.0 | 3.3 | 3.2 |
Current ratio | 0.1 | 4.7 | 4.0 | 3.3 | 3.2 |
Cash and cash equivalents | 2.67 | 6.20 | 9.61 | 322.76 | 318.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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