Demant A/S

Demant A/S (CVR number: 71186911K) is a company from EGEDAL. The company reported a net sales of 22443 mDKK in 2023, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 18.5 % (EBIT: 4148 mDKK), while net earnings were 1798 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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 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.