Demant A/S — Credit Rating and Financial Key Figures

CVR number: 71186911
Kongebakken 9, 2765 Smørum
tel: 39177100

Credit rating

Company information

Official name
Demant A/S
Personnel
61 persons
Established
1983
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About Demant A/S

Demant A/S (CVR number: 71186911K) is a company from EGEDAL. The company reported a net sales of 22419 mDKK in 2024, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 20.2 % (EBIT: 4528 mDKK), while net earnings were 2388 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Demant A/S's liquidity measured by quick ratio was 1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales14 469.0017 905.0019 705.0021 601.0022 419.00
Gross profit10 193.0013 458.0014 669.0016 320.0017 090.00
EBIT1 530.003 663.003 207.004 506.004 528.00
Net earnings1 134.002 528.002 084.001 798.002 388.00
Shareholders equity total8 279.007 981.008 562.009 338.009 644.00
Balance sheet total (assets)21 927.0024 860.0029 857.0030 546.0032 450.00
Net debt6 159.008 045.0011 566.0010 631.0011 798.00
Profitability
EBIT-%10.6 %20.5 %16.3 %20.9 %20.2 %
ROA7.2 %15.8 %12.0 %15.2 %14.7 %
ROE14.3 %31.2 %25.2 %20.2 %25.4 %
ROI8.8 %19.6 %14.6 %18.3 %17.8 %
Economic value added (EVA)1 209.322 737.372 409.563 185.953 100.24
Solvency
Equity ratio37.8 %32.1 %28.7 %30.6 %29.7 %
Gearing85.9 %115.5 %148.3 %126.0 %133.9 %
Relative net indebtedness %87.7 %87.7 %102.3 %92.9 %96.8 %
Liquidity
Quick ratio0.60.50.50.91.0
Current ratio0.90.70.81.31.4
Cash and cash equivalents952.001 172.001 130.001 138.001 112.00
Capital use efficiency
Trade debtors turnover (days)70.865.367.261.758.0
Net working capital %-4.7 %-17.2 %-12.7 %10.4 %10.9 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.7%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member
Chief executive officer
Board member

Companies in the same industry

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