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

CVR number: 42295515
Storstrømsvej 55, 6715 Esbjerg N

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: 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-4 750.61-80.00-53.00
EBIT-4 750.61-80.00-53.00
Net earnings-2 613.824 970.005 880.00
Shareholders equity total147 304.36154 505.00160 613.00
Balance sheet total (assets)295 676.63290 289.00283 765.00
Net debt142 174.31146 174.00117 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 ratio49.8 %53.2 %56.6 %
Gearing99.5 %94.8 %73.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.20.6
Current ratio2.91.20.6
Cash and cash equivalents4 325.69326.00169.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:4.01%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-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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