D.P.P. Holding 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About D.P.P. Holding 2 ApS
D.P.P. Holding 2 ApS (CVR number: 38778439K) is a company from ODENSE. The company reported a net sales of 788.3 mDKK in 2023, demonstrating a growth of 8.2 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 59.4 mDKK), while net earnings were 34.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. D.P.P. Holding 2 ApS's liquidity measured by quick ratio was 2.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 570.57 | 533.69 | 659.04 | 728.64 | 788.33 |
Gross profit | 197.50 | 245.37 | 299.09 | 116.41 | 128.34 |
EBIT | 152.93 | 203.06 | 247.07 | 57.26 | 59.38 |
Net earnings | 118.13 | 172.92 | 173.43 | 60.59 | 34.36 |
Shareholders equity total | 566.98 | 709.46 | 950.38 | 1 027.69 | 1 048.64 |
Balance sheet total (assets) | 1 676.06 | 1 967.03 | 2 159.01 | 2 244.30 | 2 263.09 |
Net debt | 583.40 | 628.73 | 610.00 | 615.39 | 595.28 |
Profitability | |||||
EBIT-% | 26.8 % | 38.0 % | 37.5 % | 7.9 % | 7.5 % |
ROA | 10.5 % | 13.2 % | 13.1 % | 4.8 % | 4.3 % |
ROE | 95.2 % | 128.2 % | 112.3 % | 35.2 % | 18.8 % |
ROI | 12.6 % | 15.5 % | 14.7 % | 5.2 % | 4.7 % |
Economic value added (EVA) | 71.74 | 107.11 | 130.47 | -25.42 | -43.33 |
Solvency | |||||
Equity ratio | 33.8 % | 36.1 % | 44.0 % | 45.8 % | 46.3 % |
Gearing | 127.2 % | 116.0 % | 84.7 % | 79.5 % | 76.3 % |
Relative net indebtedness % | 148.7 % | 169.1 % | 120.9 % | 109.0 % | 98.5 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.7 | 2.4 | 2.5 | 2.3 |
Current ratio | 1.0 | 1.8 | 2.6 | 2.6 | 2.5 |
Cash and cash equivalents | 137.54 | 194.16 | 195.29 | 201.35 | 204.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.6 | 47.7 | 46.3 | 45.9 | 44.0 |
Net working capital % | -15.9 % | 4.2 % | 13.8 % | 12.4 % | 6.5 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AAA |
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