DRAGSBÆK A/S — Credit Rating and Financial Key Figures

CVR number: 89318718
Simons Bakke 46, Tilsted 7700 Thisted
bogholderiet@dragsbaek.dk
tel: 97922744

Company information

Official name
DRAGSBÆK A/S
Personnel
138 persons
Established
1979
Domicile
Tilsted
Company form
Limited company
Industry

About DRAGSBÆK A/S

DRAGSBÆK A/S (CVR number: 89318718) is a company from THISTED. The company reported a net sales of 1224.5 mDKK in 2024, demonstrating a decline of -1 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 57.8 mDKK), while net earnings were 77 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. DRAGSBÆK 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales745.34845.021 240.891 236.291 224.48
Gross profit104.50121.44154.42189.25157.21
EBIT13.9118.3653.59101.1257.78
Net earnings25.8047.8473.23109.1277.05
Shareholders equity total248.99268.91312.79365.70378.65
Balance sheet total (assets)666.60769.14799.68834.30839.56
Net debt260.93306.19
Profitability
EBIT-%1.9 %2.2 %4.3 %8.2 %4.7 %
ROA2.2 %2.6 %6.8 %16.3 %11.0 %
ROE10.1 %18.5 %25.2 %32.2 %20.7 %
ROI2.2 %2.6 %6.8 %18.7 %14.1 %
Economic value added (EVA)0.675.8540.0863.1913.17
Solvency
Equity ratio100.0 %100.0 %100.0 %43.8 %45.1 %
Gearing71.4 %80.9 %
Relative net indebtedness %37.9 %37.6 %
Liquidity
Quick ratio1.31.3
Current ratio1.41.4
Cash and cash equivalents0.120.28
Capital use efficiency
Trade debtors turnover (days)37.143.7
Net working capital %14.5 %14.7 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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