DANISH BAKE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH BAKE A/S
DANISH BAKE A/S (CVR number: 30530470) is a company from KØBENHAVN. The company recorded a gross profit of -69 kDKK in 2024. The operating profit was -69 kDKK, while net earnings were -544 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. DANISH BAKE A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 218.00 | -48.00 | - 308.00 | -50.00 | -69.00 |
EBIT | 218.00 | -48.00 | - 308.00 | -50.00 | -69.00 |
Net earnings | -33 687.00 | -1 236.00 | -22 079.00 | -12 961.00 | - 544.00 |
Shareholders equity total | 336 829.00 | 335 593.00 | 513 519.00 | 550 557.00 | 651 901.00 |
Balance sheet total (assets) | 919 642.00 | 907 342.00 | 1 183 495.00 | 1 299 560.00 | 1 376 697.00 |
Net debt | 581 868.00 | 565 611.00 | 654 733.00 | 743 382.00 | 707 660.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | 2.5 % | 0.7 % | 2.1 % | 3.6 % |
ROE | -15.0 % | -0.4 % | -5.2 % | -2.4 % | -0.1 % |
ROI | 1.7 % | 2.5 % | 0.7 % | 2.1 % | 3.7 % |
Economic value added (EVA) | -28 549.97 | -46 243.98 | -45 737.84 | -59 151.08 | -65 078.37 |
Solvency | |||||
Equity ratio | 36.6 % | 37.0 % | 43.4 % | 42.4 % | 47.4 % |
Gearing | 173.0 % | 169.5 % | 129.1 % | 135.0 % | 108.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.9 | 2.0 | 1.6 | 0.6 |
Current ratio | 2.1 | 1.9 | 2.0 | 1.6 | 0.6 |
Cash and cash equivalents | 903.00 | 3 110.00 | 8 084.00 | 2.00 | 1.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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