Denver A/S — Credit Rating and Financial Key Figures

CVR number: 18831678
Omega 5 A, Søften 8382 Hinnerup
administration@denver.eu
tel: 86228100

Company information

Official name
Denver A/S
Personnel
38 persons
Established
1995
Domicile
Søften
Company form
Limited company
Industry

About Denver A/S

Denver A/S (CVR number: 18831678K) is a company from FAVRSKOV. The company recorded a gross profit of 68.6 mDKK in 2024. The operating profit was 29.3 mDKK, while net earnings were 13.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 23.5 %, which can be considered excellent. 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales539 696.00506 772.00
Gross profit106 283.0098 641.0059 695.0049 328.0068 606.00
EBIT70 247.0058 635.0019 525.0012 615.0029 322.00
Net earnings50 924.0040 631.008 653.003 607.0013 404.00
Shareholders equity total96 874.00102 406.0080 785.0067 502.0074 016.00
Balance sheet total (assets)260 896.00306 623.00255 558.00218 922.00240 657.00
Net debt78 813.00130 526.00101 809.00108 417.0082 234.00
Profitability
EBIT-%13.0 %11.6 %
ROA31.7 %20.9 %7.0 %5.5 %12.8 %
ROE72.7 %47.1 %11.2 %6.0 %23.5 %
ROI40.4 %26.5 %8.6 %6.5 %15.4 %
Economic value added (EVA)45 275.0833 671.49352.20-2 316.417 639.99
Solvency
Equity ratio37.2 %33.6 %31.6 %30.8 %30.8 %
Gearing89.0 %134.5 %140.1 %174.9 %134.2 %
Relative net indebtedness %26.8 %36.3 %
Liquidity
Quick ratio0.80.60.60.70.7
Current ratio1.71.61.61.61.6
Cash and cash equivalents7 424.007 226.0011 381.009 648.0017 113.00
Capital use efficiency
Trade debtors turnover (days)69.366.5
Net working capital %19.9 %22.4 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-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

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