DAN-BALT TANK LAGER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -2410.6 kDKK in 2024. The operating profit was -7401.7 kDKK, while net earnings were -8633.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18 %, which can be considered poor and Return on Equity (ROE) was -39.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DAN-BALT TANK LAGER A/S's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 783.13 | 9 194.43 | 5 733.86 | 18 016.53 | -2 410.60 |
EBIT | 7 907.19 | 4 495.25 | 1 505.56 | 13 840.53 | -7 401.72 |
Net earnings | 6 230.30 | 2 915.72 | - 446.60 | 9 346.59 | -8 633.63 |
Shareholders equity total | 21 801.37 | 24 717.09 | 16 820.49 | 26 167.08 | 17 533.45 |
Balance sheet total (assets) | 29 005.55 | 59 684.58 | 50 335.99 | 52 684.71 | 25 343.82 |
Net debt | -6 562.55 | -27 316.53 | -10 623.89 | 112.39 | 1 670.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.4 % | 10.1 % | 2.7 % | 27.3 % | -18.0 % |
ROE | 30.3 % | 12.5 % | -2.2 % | 43.5 % | -39.5 % |
ROI | 34.2 % | 12.2 % | 4.0 % | 45.4 % | -25.0 % |
Economic value added (EVA) | 5 037.86 | 2 243.02 | - 178.19 | 9 445.16 | -7 578.02 |
Solvency | |||||
Equity ratio | 75.2 % | 41.4 % | 37.7 % | 49.7 % | 75.6 % |
Gearing | 44.3 % | 25.6 % | 19.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 3.8 | 2.4 | 1.8 | 2.1 |
Current ratio | 3.2 | 3.9 | 1.9 | 1.9 | 1.7 |
Cash and cash equivalents | 6 562.55 | 27 316.53 | 18 073.89 | 6 592.46 | 1 677.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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