DANÆG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 105.00 | 1 481.44 | 1 879.10 | 2 083.00 | 2 154.80 |
Gross profit | 1 105.00 | 1 516.95 | 234.11 | 320.20 | 305.50 |
EBIT | 21.00 | 48.03 | 27.09 | 115.53 | 90.39 |
Net earnings | 21.00 | 49.71 | 14.30 | 82.45 | 55.08 |
Shareholders equity total | 222.79 | 227.29 | 311.62 | 312.98 | |
Balance sheet total (assets) | 838.47 | 884.83 | 901.51 | 944.27 | |
Net debt | -0.68 | 354.37 | 264.26 | 316.92 | |
Profitability | |||||
EBIT-% | 1.9 % | 3.2 % | 1.4 % | 5.5 % | 4.2 % |
ROA | 5.9 % | 3.3 % | 13.4 % | 10.3 % | |
ROE | 22.3 % | 6.4 % | 30.6 % | 17.6 % | |
ROI | 4.7 % | 3.3 % | 18.5 % | 14.4 % | |
Economic value added (EVA) | 21.00 | 48.03 | 10.49 | 67.41 | 43.24 |
Solvency | |||||
Equity ratio | 48.4 % | 25.7 % | 34.6 % | 33.1 % | |
Gearing | 157.6 % | 84.9 % | 101.4 % | ||
Relative net indebtedness % | -15.1 % | 34.8 % | 28.3 % | 29.3 % | |
Liquidity | |||||
Quick ratio | -0.7 | 0.6 | 0.5 | 0.5 | |
Current ratio | -1.2 | 1.1 | 1.0 | 1.0 | |
Cash and cash equivalents | 0.68 | 3.92 | 0.20 | 0.47 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.7 | 23.8 | 26.9 | ||
Net working capital % | 32.4 % | 0.9 % | -0.2 % | -0.8 % | |
Credit risk | |||||
Credit rating | B | BBB | AA | AAA | AAA |
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