Credit rating
Company information
About DANFITTINGS ApS
DANFITTINGS ApS (CVR number: 35839259) is a company from SORØ. The company recorded a gross profit of 3.8 kDKK in 2018. The operating profit was 3.8 kDKK, while net earnings were -2.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent but Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANFITTINGS ApS's liquidity measured by quick ratio was 2.1 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 financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 13.52 | ||
Gross profit | -18.59 | -9.43 | 3.80 |
EBIT | -72.82 | -9.43 | 3.80 |
Net earnings | -72.82 | -10.79 | -2.08 |
Shareholders equity total | 20.87 | 10.07 | 7.99 |
Balance sheet total (assets) | 62.72 | 20.55 | 15.47 |
Net debt | -51.34 | 9.10 | -2.79 |
Profitability | |||
EBIT-% | -538.6 % | ||
ROA | -116.1 % | -22.7 % | 21.1 % |
ROE | -349.0 % | -69.8 % | -23.1 % |
ROI | -349.0 % | -46.1 % | 24.6 % |
Economic value added (EVA) | -72.82 | -7.90 | 3.34 |
Solvency | |||
Equity ratio | 33.3 % | 49.0 % | 51.7 % |
Gearing | 98.9 % | 36.8 % | |
Relative net indebtedness % | -70.2 % | ||
Liquidity | |||
Quick ratio | 1.5 | 2.0 | 2.1 |
Current ratio | 1.5 | 2.0 | 2.1 |
Cash and cash equivalents | 51.34 | 0.86 | 5.73 |
Capital use efficiency | |||
Trade debtors turnover (days) | 52.8 | ||
Net working capital % | 154.3 % | ||
Credit risk | |||
Credit rating | C | B | C |
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