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: 42295515) is a company from ESBJERG. The company recorded a gross profit of -53 kDKK in 2023. The operating profit was -53 kDKK, while net earnings were 5880 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, 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 56.6 %, 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 0.6 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -4 750.61 | -80.00 | -53.00 |
EBIT | -4 750.61 | -80.00 | -53.00 |
Net earnings | -2 613.82 | 4 970.00 | 5 880.00 |
Shareholders equity total | 147 304.36 | 154 505.00 | 160 613.00 |
Balance sheet total (assets) | 295 676.63 | 290 289.00 | 283 765.00 |
Net debt | 142 174.31 | 146 174.00 | 117 195.00 |
Profitability | |||
EBIT-% | |||
ROA | -0.4 % | 3.1 % | 4.0 % |
ROE | -1.8 % | 3.3 % | 3.7 % |
ROI | -0.4 % | 3.1 % | 4.0 % |
Economic value added (EVA) | -4 453.23 | -1 307.70 | -74.66 |
Solvency | |||
Equity ratio | 49.8 % | 53.2 % | 56.6 % |
Gearing | 99.5 % | 94.8 % | 73.1 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.9 | 1.2 | 0.6 |
Current ratio | 2.9 | 1.2 | 0.6 |
Cash and cash equivalents | 4 325.69 | 326.00 | 169.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A | AA |
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