DAN-BALT TANK LAGER A/S — Credit Rating and Financial Key Figures

CVR number: 36287012
Østre Havnevej 49, 6200 Aabenraa
tel: 74625136

Credit rating

Company information

Official name
DAN-BALT TANK LAGER A/S
Personnel
7 persons
Established
1929
Company form
Limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About DAN-BALT TANK LAGER A/S

DAN-BALT TANK LAGER A/S (CVR number: 36287012) is a company from AABENRAA. The company recorded a gross profit of 18 mDKK in 2023. The operating profit was 13.8 mDKK, while net earnings were 9346.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 43.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. DAN-BALT TANK LAGER A/S's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 991.2512 783.139 194.435 733.8618 016.53
EBIT3 365.427 907.194 495.251 505.5613 840.53
Net earnings2 527.506 230.302 915.72- 446.609 346.59
Shareholders equity total19 299.0721 801.3724 717.0916 820.4926 167.08
Balance sheet total (assets)26 214.4029 005.5559 684.5850 335.9952 684.71
Net debt-6 194.86-6 562.55-27 316.53-10 623.89112.39
Profitability
EBIT-%
ROA12.6 %29.4 %10.1 %2.7 %27.3 %
ROE13.5 %30.3 %12.5 %-2.2 %43.5 %
ROI15.3 %34.2 %12.2 %4.0 %45.4 %
Economic value added (EVA)2 005.315 498.872 716.411 330.3810 855.43
Solvency
Equity ratio73.6 %75.2 %41.4 %37.7 %49.7 %
Gearing44.3 %25.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.03.82.41.8
Current ratio2.33.23.91.91.9
Cash and cash equivalents6 194.866 562.5527 316.5318 073.896 592.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBBAA

Variable visualization

ROA:27.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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