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

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

Company information

Official name
DAV NORDIC A/S
Personnel
103 persons
Established
1963
Company form
Limited company
Industry

About DAV NORDIC A/S

DAV NORDIC A/S (CVR number: 34991014) is a company from SILKEBORG. The company recorded a gross profit of 137.3 mDKK in 2025. The operating profit was 66.5 mDKK, while net earnings were 51.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 46.2 %, which can be considered excellent and Return on Equity (ROE) was 59.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit48 775.0063 724.0092 331.65120 643.72137 313.59
EBIT5 473.0016 003.0036 985.3654 800.1266 454.23
Net earnings5 303.0012 664.0027 559.9240 822.7251 467.64
Shareholders equity total49 200.0051 702.0067 271.0180 239.0591 761.75
Balance sheet total (assets)86 332.00123 929.00105 914.94138 211.51149 081.53
Net debt1 341.87-7 600.80-3 060.29
Profitability
EBIT-%
ROA6.5 %15.2 %31.4 %43.5 %46.2 %
ROE10.8 %25.1 %46.3 %55.3 %59.8 %
ROI6.5 %15.2 %35.3 %59.7 %64.4 %
Economic value added (EVA)3 003.8213 530.7026 241.7038 681.3646 925.70
Solvency
Equity ratio100.0 %100.0 %64.0 %58.3 %62.1 %
Gearing9.9 %7.9 %6.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.9
Current ratio2.62.32.6
Cash and cash equivalents5 344.1013 907.458 983.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:46.2%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board
Board member

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