DOF Offshore West Africa A/S — Credit Rating and Financial Key Figures

CVR number: 35239510
Esplanaden 50, 1263 København K

Credit rating

Company information

Official name
DOF Offshore West Africa A/S
Established
2013
Company form
Limited company
Industry

About DOF Offshore West Africa A/S

DOF Offshore West Africa A/S (CVR number: 35239510) is a company from KØBENHAVN. The company recorded a gross profit of -182 kUSD in 2022. The operating profit was -250 kUSD, while net earnings were -283 kUSD. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DOF Offshore West Africa A/S's liquidity measured by quick ratio was 60 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

Net sales (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2018
2019
2020
2021
2022
Volume
Net sales4 592.004 654.002 738.00
Gross profit-1 167.00- 977.00-6 298.00- 358.00- 182.00
EBIT1 260.00-2 987.00-15 018.00-9 644.00- 250.00
Net earnings1 473.00-2 932.00-15 053.00-9 665.00- 283.00
Shareholders equity total97 262.0032 330.0017 277.003 612.003 329.00
Balance sheet total (assets)99 357.0033 478.0017 887.003 734.003 375.00
Net debt1 460.00778.00467.0056.009.00
Profitability
EBIT-%27.4 %-64.2 %-548.5 %
ROA2.0 %-4.0 %-58.4 %-89.2 %-6.0 %
ROE1.5 %-4.5 %-60.7 %-92.5 %-8.2 %
ROI1.6 %-4.0 %-59.0 %-90.0 %-6.1 %
Economic value added (EVA)-3 708.35-8 263.15-16 707.07-10 536.89- 479.11
Solvency
Equity ratio97.9 %96.6 %96.6 %96.7 %98.6 %
Gearing1.5 %2.5 %2.8 %1.6 %0.3 %
Relative net indebtedness %45.6 %24.1 %21.4 %
Liquidity
Quick ratio32.93.813.025.060.0
Current ratio33.24.313.025.260.5
Cash and cash equivalents28.0025.00
Capital use efficiency
Trade debtors turnover (days)1.215.0190.9
Net working capital %1469.9 %80.3 %267.8 %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-6.05%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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