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DANISH CROWN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH CROWN A/S
DANISH CROWN A/S (CVR number: 26121264) is a company from RANDERS. The company reported a net sales of 26149 mDKK in 2025, demonstrating a decline of -10.4 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 230 mDKK), while net earnings were -239 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29 %, 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. DANISH CROWN A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 27 393.00 | 28 791.00 | 30 186.00 | 29 194.00 | 26 149.00 |
| Gross profit | 27 393.00 | 28 791.00 | 30 186.00 | 3 452.00 | 2 728.00 |
| EBIT | -91.00 | 220.00 | 57.00 | 613.00 | 230.00 |
| Net earnings | 822.00 | 801.00 | 214.00 | -97.00 | - 239.00 |
| Shareholders equity total | 3 443.00 | 4 058.00 | 4 265.00 | 4 276.00 | 4 041.00 |
| Balance sheet total (assets) | 20 201.00 | 23 263.00 | 24 450.00 | 22 744.00 | 22 568.00 |
| Net debt | 15 335.00 | 15 769.00 | |||
| Profitability | |||||
| EBIT-% | -0.3 % | 0.8 % | 0.2 % | 2.1 % | 0.9 % |
| ROA | -0.5 % | 1.0 % | 0.2 % | 3.2 % | 2.3 % |
| ROE | 23.7 % | 21.4 % | 5.1 % | -2.3 % | -5.7 % |
| ROI | -0.5 % | 1.0 % | 0.2 % | 3.4 % | 2.6 % |
| Economic value added (EVA) | - 267.08 | 46.99 | - 146.91 | 254.71 | - 848.23 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 29.8 % | 29.0 % |
| Gearing | 358.6 % | 390.2 % | |||
| Relative net indebtedness % | 61.7 % | 69.2 % | |||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.3 | |||
| Current ratio | 1.9 | 1.5 | |||
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 26.2 | 29.5 | |||
| Net working capital % | 15.1 % | 12.6 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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