PHILIP DAVIDSEN HOLDING ApS — Credit Rating and Financial Key Figures

PHILIP DAVIDSEN HOLDING ApS (CVR number: 29805210K) is a company from AARHUS. The company reported a net sales of 402.2 mDKK in 2023, demonstrating a growth of 1.7 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 6.3 mDKK), while net earnings were 2853.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, 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. PHILIP DAVIDSEN HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.