Danvik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danvik ApS
Danvik ApS (CVR number: 40623108) is a company from FREDERIKSHAVN. The company recorded a gross profit of 3187.7 kDKK in 2023. The operating profit was -211.3 kDKK, while net earnings were -221.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -20.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Danvik ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 279.46 | 3 918.62 | 4 570.88 | 3 828.20 | 3 187.67 |
EBIT | 924.44 | 1 166.30 | 1 463.27 | -67.55 | - 211.27 |
Net earnings | 691.30 | 889.34 | 1 121.22 | -91.77 | - 221.90 |
Shareholders equity total | 1 662.06 | 2 051.39 | 2 287.62 | 1 195.85 | 973.94 |
Balance sheet total (assets) | 4 161.49 | 5 206.51 | 5 955.33 | 4 301.83 | 4 587.21 |
Net debt | - 861.11 | -2 269.11 | - 953.53 | 465.75 | 249.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.2 % | 24.9 % | 26.2 % | -1.3 % | -4.8 % |
ROE | 41.6 % | 47.9 % | 51.7 % | -5.3 % | -20.5 % |
ROI | 54.5 % | 59.5 % | 57.1 % | -2.7 % | -10.7 % |
Economic value added (EVA) | 715.37 | 825.81 | 1 028.73 | - 200.27 | - 272.39 |
Solvency | |||||
Equity ratio | 39.9 % | 39.4 % | 38.4 % | 27.8 % | 21.2 % |
Gearing | 1.3 % | 7.8 % | 25.2 % | 73.7 % | 90.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 0.9 | 0.5 | 0.5 |
Current ratio | 1.5 | 1.6 | 1.4 | 1.2 | 1.1 |
Cash and cash equivalents | 883.10 | 2 429.89 | 1 530.60 | 415.62 | 627.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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