DEME Offshore DK A/S — Credit Rating and Financial Key Figures

CVR number: 25490339
Kongens Kvarter 43, Brovad 7000 Fredericia
info.demeoffshore@deme-group.com
tel: 75928211
https://www.deme-group.com

Credit rating

Company information

Official name
DEME Offshore DK A/S
Personnel
129 persons
Established
2000
Domicile
Brovad
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About DEME Offshore DK A/S

DEME Offshore DK A/S (CVR number: 25490339) is a company from FREDERICIA. The company reported a net sales of 982.5 mDKK in 2023, demonstrating a growth of 106.4 % compared to the previous year. The operating profit percentage was at 13.4 % (EBIT: 131.9 mDKK), while net earnings were 149.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DEME Offshore DK A/S's liquidity measured by quick ratio was 2.4 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales573.79555.26782.46475.97982.45
Gross profit573.79555.26782.46301.92344.75
EBIT127.84110.27103.0164.02131.89
Net earnings126.07108.80105.6964.31149.17
Shareholders equity total1 830.451 939.102 044.222 024.961 796.23
Balance sheet total (assets)1 945.282 031.752 124.612 194.711 960.57
Net debt29.39109.23
Profitability
EBIT-%22.3 %19.9 %13.2 %13.5 %13.4 %
ROA5.9 %5.5 %5.0 %3.1 %7.5 %
ROE6.1 %5.8 %5.3 %3.2 %7.8 %
ROI5.9 %5.5 %5.0 %3.2 %7.8 %
Economic value added (EVA)12.2518.295.57-38.6829.21
Solvency
Equity ratio100.0 %100.0 %100.0 %92.3 %91.6 %
Gearing1.5 %6.1 %
Relative net indebtedness %35.7 %16.7 %
Liquidity
Quick ratio5.72.4
Current ratio5.92.4
Cash and cash equivalents0.020.01
Capital use efficiency
Trade debtors turnover (days)64.52.9
Net working capital %173.4 %22.9 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:7.48%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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