DRAGSBÆK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 745.34 | 845.02 | 1 240.89 | 1 236.29 | 1 224.48 |
Gross profit | 104.50 | 121.44 | 154.42 | 189.25 | 157.21 |
EBIT | 13.91 | 18.36 | 53.59 | 101.12 | 57.78 |
Net earnings | 25.80 | 47.84 | 73.23 | 109.12 | 77.05 |
Shareholders equity total | 248.99 | 268.91 | 312.79 | 365.70 | 378.65 |
Balance sheet total (assets) | 666.60 | 769.14 | 799.68 | 834.30 | 839.56 |
Net debt | 260.93 | 306.19 | |||
Profitability | |||||
EBIT-% | 1.9 % | 2.2 % | 4.3 % | 8.2 % | 4.7 % |
ROA | 2.2 % | 2.6 % | 6.8 % | 16.3 % | 11.0 % |
ROE | 10.1 % | 18.5 % | 25.2 % | 32.2 % | 20.7 % |
ROI | 2.2 % | 2.6 % | 6.8 % | 18.7 % | 14.1 % |
Economic value added (EVA) | 0.67 | 5.85 | 40.08 | 63.19 | 13.17 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 43.8 % | 45.1 % |
Gearing | 71.4 % | 80.9 % | |||
Relative net indebtedness % | 37.9 % | 37.6 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | |||
Current ratio | 1.4 | 1.4 | |||
Cash and cash equivalents | 0.12 | 0.28 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.1 | 43.7 | |||
Net working capital % | 14.5 % | 14.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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