Danish Horticulture Group A/S — Credit Rating and Financial Key Figures

CVR number: 42295515
Storstrømsvej 55, 6715 Esbjerg N

Credit rating

Company information

Official name
Danish Horticulture Group A/S
Established
2021
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit39 086.0039 085.6577 549.0083 827.00
EBIT3 065.005 364.0014 867.0019 082.00
Net earnings-2 614.002 463.004 970.005 880.00
Shareholders equity total147 304.00149 764.00154 505.00160 613.00
Balance sheet total (assets)342 056.00326 118.00333 410.00340 853.00
Net debt133 462.03147 938.00122 366.00
Profitability
EBIT-%
ROA0.9 %1.6 %4.6 %5.7 %
ROE-1.8 %1.7 %3.3 %3.7 %
ROI0.9 %1.7 %5.1 %6.3 %
Economic value added (EVA)3 065.00-3 593.59-2 641.20204.28
Solvency
Equity ratio100.0 %44.2 %47.1 %48.3 %
Gearing99.9 %99.3 %83.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.9
Current ratio1.71.91.9
Cash and cash equivalents16 182.035 454.0012 093.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:5.73%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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