DAVA FOODS HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAVA FOODS HOLDING A/S
DAVA FOODS HOLDING A/S (CVR number: 35395733K) is a company from SKANDERBORG. The company reported a net sales of 1581.9 mDKK in 2024, demonstrating a decline of -4.3 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 43 mDKK), while net earnings were 26 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.2 %, 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 HOLDING 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 547.78 | 1 363.47 | 1 704.85 | 1 653.64 | 1 581.92 |
| Gross profit | 1 547.78 | 1 363.47 | 1 704.85 | 228.07 | 206.42 |
| EBIT | 8.46 | -31.88 | -12.73 | 68.18 | 42.99 |
| Net earnings | -4.61 | -40.81 | -35.54 | 52.57 | 26.02 |
| Shareholders equity total | 197.85 | 156.48 | 120.25 | 174.19 | 194.79 |
| Balance sheet total (assets) | 641.51 | 630.34 | 603.80 | 589.59 | 605.52 |
| Net debt | 212.36 | 196.82 | |||
| Profitability | |||||
| EBIT-% | 0.5 % | -2.3 % | -0.7 % | 4.1 % | 2.7 % |
| ROA | 1.3 % | -5.0 % | -2.1 % | 11.8 % | 7.4 % |
| ROE | -2.5 % | -23.0 % | -25.7 % | 39.2 % | 16.5 % |
| ROI | 1.5 % | -5.0 % | -2.1 % | 14.0 % | 11.0 % |
| Economic value added (EVA) | 3.47 | -41.83 | -20.59 | 58.05 | 27.03 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 29.5 % | 32.2 % |
| Gearing | 122.6 % | 101.9 % | |||
| Relative net indebtedness % | 24.5 % | 25.2 % | |||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.5 | |||
| Current ratio | 0.7 | 0.7 | |||
| Cash and cash equivalents | 1.27 | 1.60 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 38.4 | 39.7 | |||
| Net working capital % | -7.2 % | -6.5 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | AA | AA |
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