DANFO DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 17179047
Slåenvej 2, 2400 København NV
tel: 38198537

Credit rating

Company information

Official name
DANFO DANMARK A/S
Personnel
1 person
Established
1993
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About DANFO DANMARK A/S

DANFO DANMARK A/S (CVR number: 17179047) is a company from KØBENHAVN. The company recorded a gross profit of 174.4 kDKK in 2019. The operating profit was 51.9 kDKK, while net earnings were 40.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANFO DANMARK A/S's liquidity measured by quick ratio was 10.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit170.91149.50163.50174.45
EBIT32.9111.5013.5051.95
Net earnings23.858.9410.2740.10
Shareholders equity total562.72571.66581.93622.03
Balance sheet total (assets)621.38624.90654.26686.93
Net debt- 619.95- 623.10- 152.72- 136.93
Profitability
EBIT-%
ROA5.3 %1.9 %2.1 %7.7 %
ROE4.2 %1.6 %1.8 %6.7 %
ROI5.8 %2.0 %2.3 %8.6 %
Economic value added (EVA)25.4811.7613.0118.80
Solvency
Equity ratio90.6 %91.5 %88.9 %90.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio10.611.79.010.6
Current ratio10.611.79.010.6
Cash and cash equivalents619.95623.10152.72136.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:7.75%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.6%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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