Dentsu Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Dentsu Danmark A/S
Dentsu Danmark A/S (CVR number: 58227811K) is a company from KØBENHAVN. The company reported a net sales of 652.6 mDKK in 2023, demonstrating a decline of -16.5 % compared to the previous year. The operating profit percentage was at 11.6 % (EBIT: 75.8 mDKK), while net earnings were 66.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. Dentsu Danmark A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 518.96 | 506.75 | 673.45 | 781.93 | 652.57 |
Gross profit | 518.96 | 506.75 | 673.45 | 570.52 | 555.43 |
EBIT | 33.71 | 44.40 | 81.19 | 82.33 | 75.84 |
Net earnings | 16.75 | 20.22 | 21.83 | 55.16 | 66.91 |
Shareholders equity total | 261.28 | 253.35 | 243.86 | 297.31 | 205.06 |
Balance sheet total (assets) | 1 010.65 | 984.50 | 1 150.82 | 888.49 | 579.49 |
Net debt | - 159.01 | -66.78 | |||
Profitability | |||||
EBIT-% | 6.5 % | 8.8 % | 12.1 % | 10.5 % | 11.6 % |
ROA | 3.3 % | 4.5 % | 7.6 % | 8.4 % | 11.2 % |
ROE | 6.4 % | 7.9 % | 8.8 % | 20.4 % | 26.6 % |
ROI | 3.3 % | 4.5 % | 7.6 % | 10.6 % | 23.0 % |
Economic value added (EVA) | 33.71 | 31.27 | 68.46 | 42.67 | 64.59 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 37.9 % | 38.3 % |
Gearing | 51.7 % | 28.5 % | |||
Relative net indebtedness % | 35.6 % | 38.2 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | |||
Current ratio | 1.2 | 1.3 | |||
Cash and cash equivalents | 312.84 | 125.27 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 167.3 | 161.1 | |||
Net working capital % | 18.5 % | 14.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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