DAV NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 34991014
Tietgensvej 12, 8600 Silkeborg
info@davnordic.dk
tel: 86822900

Credit rating

Company information

Official name
DAV NORDIC A/S
Personnel
84 persons
Established
1963
Company form
Limited company
Industry
  • Expand more icon42Civil engineering

About DAV NORDIC A/S

DAV NORDIC A/S (CVR number: 34991014) is a company from SILKEBORG. The company recorded a gross profit of 92.3 mDKK in 2023. The operating profit was 37 mDKK, while net earnings were 27.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 46.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DAV NORDIC A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit68 934.0055 608.0048 775.0063 723.7892 331.65
EBIT20 219.009 474.005 473.0016 839.2036 985.36
Net earnings15 225.0010 808.005 303.0012 663.6727 559.92
Shareholders equity total43 365.0049 138.0049 200.0051 701.8167 271.01
Balance sheet total (assets)100 664.0082 886.0086 332.00123 929.26105 914.94
Net debt25 428.351 341.87
Profitability
EBIT-%
ROA24.2 %10.3 %6.5 %16.1 %31.4 %
ROE40.8 %23.4 %10.8 %25.1 %46.3 %
ROI28.7 %10.3 %6.5 %20.4 %45.0 %
Economic value added (EVA)18 796.987 294.913 003.8210 675.1925 681.34
Solvency
Equity ratio100.0 %100.0 %100.0 %41.9 %64.0 %
Gearing49.2 %9.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.5
Current ratio1.42.6
Cash and cash equivalents17.155 344.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAAAAA

Variable visualization

ROA:31.4%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.0%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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