DANSK SVEJSE OG RØRMONTAGE VEST A/S — Credit Rating and Financial Key Figures

CVR number: 29416095
Brovadvej 62 A, Erritsø 7000 Fredericia
tel: 75862786

Credit rating

Company information

Official name
DANSK SVEJSE OG RØRMONTAGE VEST A/S
Personnel
1 person
Established
2006
Domicile
Erritsø
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About DANSK SVEJSE OG RØRMONTAGE VEST A/S

DANSK SVEJSE OG RØRMONTAGE VEST A/S (CVR number: 29416095) is a company from FREDERICIA. The company recorded a gross profit of 17.2 mDKK in 2020. The operating profit was 623.4 kDKK, while net earnings were 433.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -0.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANSK SVEJSE OG RØRMONTAGE VEST A/S's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit14 549.6321 254.2617 203.0614 074.4017 223.78
EBIT1 625.821 701.241 698.74-1 136.19623.38
Net earnings1 115.841 057.581 159.83-1 054.65433.87
Shareholders equity total1 718.331 775.911 935.74- 554.65- 120.78
Balance sheet total (assets)17 773.1320 291.7012 443.078 735.6419 257.36
Net debt5 396.941 085.321 072.482 155.653 211.33
Profitability
EBIT-%
ROA9.2 %9.1 %10.4 %-10.4 %4.3 %
ROE64.9 %60.5 %62.5 %-19.8 %3.1 %
ROI16.1 %19.6 %24.7 %-20.7 %13.1 %
Economic value added (EVA)1 258.501 320.041 454.66- 832.34614.29
Solvency
Equity ratio9.7 %11.9 %17.4 %45.9 %-0.8 %
Gearing485.8 %322.8 %216.0 %-748.9 %-2658.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.51.31.01.3
Current ratio1.01.01.10.91.0
Cash and cash equivalents2 951.314 647.083 109.621 998.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:4.35%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.79%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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