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DEN ERHVERVSDRIVENDE FOND SERMITSIAQ.AG — Credit Rating and Financial Key Figures
Credit rating
Company information
About DEN ERHVERVSDRIVENDE FOND SERMITSIAQ.AG
DEN ERHVERVSDRIVENDE FOND SERMITSIAQ.AG (CVR number: 12539959) is a company from SERMERSOOQ. The company reported a net sales of 25.2 mDKK in 2025, demonstrating a decline of -0.9 % compared to the previous year. The operating profit percentage was poor at -0.5 % (EBIT: -0.1 mDKK), while net earnings were 9520.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DEN ERHVERVSDRIVENDE FOND SERMITSIAQ.AG's liquidity measured by quick ratio was 6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 25 965.82 | 26 516.62 | 26 328.76 | 25 419.67 | 25 196.29 |
| Gross profit | 24 627.94 | 21 827.86 | 21 045.29 | 20 847.01 | 21 767.55 |
| EBIT | 5 005.56 | 2 681.46 | 468.16 | -49.34 | - 128.67 |
| Net earnings | 4 039.61 | 564.95 | 1 546.04 | 1 621.65 | 9 520.91 |
| Shareholders equity total | 39 084.81 | 39 649.76 | 41 195.80 | 42 817.45 | 52 338.36 |
| Balance sheet total (assets) | 46 706.90 | 47 482.83 | 49 212.34 | 47 978.76 | 58 843.74 |
| Net debt | -26 978.86 | -28 797.44 | -23 856.97 | -24 534.76 | -25 028.38 |
| Profitability | |||||
| EBIT-% | 19.3 % | 10.1 % | 1.8 % | -0.2 % | -0.5 % |
| ROA | 10.0 % | 5.5 % | 3.2 % | 3.6 % | 17.9 % |
| ROE | 10.9 % | 1.4 % | 3.8 % | 3.9 % | 20.0 % |
| ROI | 12.2 % | 6.5 % | 3.9 % | 4.2 % | 20.1 % |
| Economic value added (EVA) | 3 244.54 | 717.45 | -1 524.24 | -2 119.43 | -2 280.25 |
| Solvency | |||||
| Equity ratio | 89.4 % | 88.7 % | 88.5 % | 93.5 % | 91.5 % |
| Gearing | |||||
| Relative net indebtedness % | -74.5 % | -79.1 % | -60.2 % | -76.2 % | -73.5 % |
| Liquidity | |||||
| Quick ratio | 8.9 | 6.5 | 5.3 | 9.6 | 6.0 |
| Current ratio | 5.4 | 4.2 | 3.5 | 5.5 | 4.5 |
| Cash and cash equivalents | 26 978.86 | 28 797.44 | 23 856.97 | 24 534.76 | 25 028.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 63.0 | 53.9 | 40.1 | 58.9 | 49.3 |
| Net working capital % | 54.7 % | 27.7 % | 6.1 % | 16.5 % | 11.7 % |
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | AA |
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