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

CVR number: 20477296
Fabriksvej 6, 9560 Hadsund
tel: 87792901

Credit rating

Company information

Official name
DAVA Foods Ingredients A/S
Personnel
33 persons
Established
1997
Company form
Limited company
Industry

About DAVA Foods Ingredients A/S

DAVA Foods Ingredients A/S (CVR number: 20477296) is a company from MARIAGERFJORD. The company reported a net sales of 70.8 mDKK in 2024, demonstrating a growth of 56.7 % compared to the previous year. The operating profit percentage was poor at -18 % (EBIT: -12.8 mDKK), while net earnings were -11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -56.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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 0.7 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
2020
2021
2022
2023
2024
Volume
Net sales11.2438.6545.1970.82
Gross profit-0.00-6.502.78-3.81-5.78
EBIT-0.01-10.78-3.47-9.41-12.77
Net earnings-0.01-11.04-3.10-8.52-11.39
Shareholders equity total-0.026.943.8413.3126.92
Balance sheet total (assets)0.028.7429.3140.5575.49
Net debt0.040.1518.4818.4032.97
Profitability
EBIT-%-95.9 %-9.0 %-20.8 %-18.0 %
ROA-0.1 %-245.5 %-18.2 %-26.9 %-22.0 %
ROE-0.1 %-317.4 %-57.6 %-99.4 %-56.6 %
ROI-0.1 %-297.8 %-23.5 %-34.8 %-27.9 %
Economic value added (EVA)-0.83-10.24-3.06-8.47-11.21
Solvency
Equity ratio-55.0 %79.4 %13.1 %32.8 %35.7 %
Gearing-172.6 %3.8 %481.8 %138.2 %122.5 %
Relative net indebtedness %15.0 %65.9 %60.3 %68.6 %
Liquidity
Quick ratio0.03.80.30.50.7
Current ratio0.34.70.81.11.1
Cash and cash equivalents0.000.11
Capital use efficiency
Trade debtors turnover (days)12.370.990.575.8
Net working capital %58.9 %-14.9 %4.8 %10.2 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-22.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.7%
Rating: 30/100
-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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