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DAN ELEMENT HOLDING, LYBY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAN ELEMENT HOLDING, LYBY A/S
DAN ELEMENT HOLDING, LYBY A/S (CVR number: 33574088) is a company from SKIVE. The company reported a net sales of -11.5 mDKK in 2024, demonstrating a decline of -383.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -11.5 mDKK), while net earnings were -11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -31.2 %, which can be considered poor and Return on Equity (ROE) was -32.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DAN ELEMENT HOLDING, LYBY A/S's liquidity measured by quick ratio was 21.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | - 954.00 | 530.59 | 10 107.03 | 4 067.34 | -11 521.14 |
| Gross profit | - 954.00 | 530.59 | 10 107.03 | 4 067.34 | -11 521.14 |
| EBIT | - 974.25 | 512.34 | 10 085.20 | 4 047.21 | -11 547.46 |
| Net earnings | - 958.64 | 517.15 | 10 120.48 | 4 258.39 | -11 081.14 |
| Shareholders equity total | 24 449.27 | 24 966.42 | 35 086.90 | 39 345.30 | 28 264.15 |
| Balance sheet total (assets) | 25 550.82 | 30 703.15 | 40 603.24 | 40 374.34 | 28 864.72 |
| Net debt | -47.07 | 5 599.19 | 5 378.18 | - 373.29 | 59.40 |
| Profitability | |||||
| EBIT-% | 96.6 % | 99.8 % | 99.5 % | ||
| ROA | -3.1 % | 2.0 % | 29.2 % | 11.2 % | -31.2 % |
| ROE | -3.4 % | 2.1 % | 33.7 % | 11.4 % | -32.8 % |
| ROI | -3.1 % | 2.0 % | 29.3 % | 11.2 % | -31.3 % |
| Economic value added (EVA) | -2 634.16 | - 766.51 | 8 539.88 | 1 957.77 | -13 702.91 |
| Solvency | |||||
| Equity ratio | 95.7 % | 81.3 % | 86.4 % | 97.5 % | 97.9 % |
| Gearing | 4.4 % | 22.9 % | 15.6 % | 2.4 % | 1.4 % |
| Relative net indebtedness % | 2.2 % | 1060.1 % | 53.5 % | -7.1 % | -2.3 % |
| Liquidity | |||||
| Quick ratio | 2.0 | 1.2 | 1.2 | 7.2 | 21.8 |
| Current ratio | 2.0 | 1.2 | 1.2 | 7.2 | 21.8 |
| Cash and cash equivalents | 1 122.97 | 111.89 | 109.36 | 1 319.65 | 338.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -120.5 % | 214.2 % | 11.4 % | 155.9 % | -86.0 % |
| Credit risk | |||||
| Credit rating | BBB | A | A | AA | BBB |
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