Danish Horticulture Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danish Horticulture Group A/S
Danish Horticulture Group A/S (CVR number: 42295515K) is a company from ESBJERG. The company recorded a gross profit of 83.8 mDKK in 2023. The operating profit was 19.1 mDKK, while net earnings were 5880 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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 Horticulture Group A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 39 086.00 | 39 085.65 | 77 549.00 | 83 827.00 |
EBIT | 3 065.00 | 5 364.00 | 14 867.00 | 19 082.00 |
Net earnings | -2 614.00 | 2 463.00 | 4 970.00 | 5 880.00 |
Shareholders equity total | 147 304.00 | 149 764.00 | 154 505.00 | 160 613.00 |
Balance sheet total (assets) | 342 056.00 | 326 118.00 | 333 410.00 | 340 853.00 |
Net debt | 133 462.03 | 147 938.00 | 122 366.00 | |
Profitability | ||||
EBIT-% | ||||
ROA | 0.9 % | 1.6 % | 4.6 % | 5.7 % |
ROE | -1.8 % | 1.7 % | 3.3 % | 3.7 % |
ROI | 0.9 % | 1.7 % | 5.1 % | 6.3 % |
Economic value added (EVA) | 3 065.00 | -3 593.59 | -2 641.20 | 204.28 |
Solvency | ||||
Equity ratio | 100.0 % | 44.2 % | 47.1 % | 48.3 % |
Gearing | 99.9 % | 99.3 % | 83.7 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.9 | 0.9 | 0.9 | |
Current ratio | 1.7 | 1.9 | 1.9 | |
Cash and cash equivalents | 16 182.03 | 5 454.00 | 12 093.00 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | AAA | AAA | AAA |
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