DAVA Foods Ingredients A/S — Credit Rating and Financial Key Figures

DAVA Foods Ingredients A/S (CVR number: 20477296) is a company from MARIAGERFJORD. The company reported a net sales of 45.2 mDKK in 2023, demonstrating a growth of 16.9 % compared to the previous year. The operating profit percentage was poor at -20.8 % (EBIT: -9.4 mDKK), while net earnings were -8521.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.9 %, which can be considered poor and Return on Equity (ROE) was -99.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. DAVA Foods Ingredients A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.