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DAN-ELEMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN-ELEMENT A/S
DAN-ELEMENT A/S (CVR number: 10209781) is a company from SKIVE. The company recorded a gross profit of 13.4 mDKK in 2024. The operating profit was -14.7 mDKK, while net earnings were -11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -21.8 %, which can be considered poor and Return on Equity (ROE) was -59.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.4 %, 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. DAN-ELEMENT A/S's liquidity measured by quick ratio was 0.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 32 311.36 | 13 421.11 | |||
| EBIT | -1 195.00 | 723.00 | 13 205.00 | 5 316.64 | -14 747.96 |
| Net earnings | -1 239.00 | 256.00 | 9 905.00 | 3 937.81 | -11 520.13 |
| Shareholders equity total | 17 574.00 | 17 829.00 | 27 734.00 | 26 671.90 | 12 151.77 |
| Balance sheet total (assets) | 60 640.00 | 72 414.00 | 74 964.00 | 68 667.54 | 59 423.11 |
| Net debt | -1 326.04 | 9 987.14 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.8 % | 1.1 % | 17.9 % | 7.7 % | -21.8 % |
| ROE | -5.6 % | 1.4 % | 43.5 % | 14.5 % | -59.3 % |
| ROI | -1.8 % | 1.1 % | 17.9 % | 9.5 % | -39.0 % |
| Economic value added (EVA) | -2 517.18 | - 160.09 | 12 309.09 | 2 742.48 | -13 285.71 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 38.8 % | 20.4 % |
| Gearing | 24.2 % | 82.7 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 0.8 | |||
| Current ratio | 1.7 | 0.9 | |||
| Cash and cash equivalents | 7 774.13 | 57.46 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | BB |
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