Denver A/S

CVR number: 18831678
Omega 5 A, Søften 8382 Hinnerup
intersales@intersales.dk
tel: 86228100

Credit rating

Company information

Official name
Denver A/S
Personnel
38 persons
Established
1995
Domicile
Søften
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

Denver A/S (CVR number: 18831678K) is a company from FAVRSKOV. The company recorded a gross profit of 50.6 mDKK in 2023. The operating profit was 12.6 mDKK, while net earnings were 3607 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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. Denver A/S's liquidity measured by quick ratio was 0.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales369.26539.70506.77
Gross profit56.33106.2898.6459.7050.64
EBIT24.6770.2558.6319.5212.62
Net earnings17.1250.9240.638.653.61
Shareholders equity total61.0896.87102.4180.7867.50
Balance sheet total (assets)185.60260.90306.62255.56218.92
Net debt75.0978.81130.53101.81108.42
Profitability
EBIT-%6.7 %13.0 %11.6 %
ROA13.9 %31.7 %20.9 %7.0 %5.5 %
ROE33.4 %72.7 %47.1 %11.2 %6.0 %
ROI17.0 %40.4 %26.5 %8.6 %6.5 %
Economic value added (EVA)16.3250.4638.998.214.29
Solvency
Equity ratio33.0 %37.2 %33.6 %31.6 %30.8 %
Gearing138.8 %89.0 %134.5 %140.1 %174.9 %
Relative net indebtedness %28.7 %26.8 %36.3 %
Liquidity
Quick ratio0.70.80.60.60.7
Current ratio1.61.71.61.61.6
Cash and cash equivalents9.687.427.2311.389.65
Capital use efficiency
Trade debtors turnover (days)66.069.366.5
Net working capital %18.7 %19.9 %22.4 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.55%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member

Companies in the same industry

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