DANÆG HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 35530223
Danægvej 1, 6070 Christiansfeld

Credit rating

Company information

Official name
DANÆG HOLDING A/S
Personnel
30 persons
Established
2013
Company form
Limited company
Industry

About DANÆG HOLDING A/S

DANÆG HOLDING A/S (CVR number: 35530223K) is a company from KOLDING. The company reported a net sales of 2154.8 mDKK in 2024, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 90.4 mDKK), while net earnings were 55.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.1 %, 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. DANÆG HOLDING A/S's liquidity measured by quick ratio was 0.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 105.001 481.441 879.102 083.002 154.80
Gross profit1 105.001 516.95234.11320.20305.50
EBIT21.0048.0327.09115.5390.39
Net earnings21.0049.7114.3082.4555.08
Shareholders equity total222.79227.29311.62312.98
Balance sheet total (assets)838.47884.83901.51944.27
Net debt-0.68354.37264.26316.92
Profitability
EBIT-%1.9 %3.2 %1.4 %5.5 %4.2 %
ROA5.9 %3.3 %13.4 %10.3 %
ROE22.3 %6.4 %30.6 %17.6 %
ROI4.7 %3.3 %18.5 %14.4 %
Economic value added (EVA)21.0048.0310.4967.4143.24
Solvency
Equity ratio48.4 %25.7 %34.6 %33.1 %
Gearing157.6 %84.9 %101.4 %
Relative net indebtedness %-15.1 %34.8 %28.3 %29.3 %
Liquidity
Quick ratio-0.70.60.50.5
Current ratio-1.21.11.01.0
Cash and cash equivalents0.683.920.200.47
Capital use efficiency
Trade debtors turnover (days)29.723.826.9
Net working capital %32.4 %0.9 %-0.2 %-0.8 %
Credit risk
Credit ratingBBBBAAAAAAAA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Chief executive officer

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