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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 742.9 mDKK in 2024, demonstrating a decline of -5.8 % compared to the previous year. The operating profit percentage was at 14.2 % (EBIT: 105.2 mDKK), while net earnings were 67 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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 1.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 533.69 | 659.04 | 728.64 | 788.33 | 742.90 |
| Gross profit | 245.37 | 299.09 | 116.41 | 128.34 | 173.07 |
| EBIT | 203.06 | 247.07 | 57.26 | 59.38 | 105.19 |
| Net earnings | 172.92 | 173.43 | 60.59 | 34.36 | 67.00 |
| Shareholders equity total | 709.46 | 950.38 | 1 027.69 | 1 048.64 | 1 101.98 |
| Balance sheet total (assets) | 1 967.03 | 2 159.01 | 2 244.30 | 2 263.09 | 2 285.41 |
| Net debt | 628.73 | 610.00 | 615.39 | 595.28 | 604.37 |
| Profitability | |||||
| EBIT-% | 38.0 % | 37.5 % | 7.9 % | 7.5 % | 14.2 % |
| ROA | 13.2 % | 13.1 % | 4.8 % | 4.3 % | 5.7 % |
| ROE | 128.2 % | 112.3 % | 35.2 % | 18.8 % | 34.8 % |
| ROI | 15.5 % | 14.7 % | 5.2 % | 4.7 % | 6.2 % |
| Economic value added (EVA) | 92.32 | 111.06 | -48.11 | -68.32 | -18.86 |
| Solvency | |||||
| Equity ratio | 36.1 % | 44.0 % | 45.8 % | 46.5 % | 48.3 % |
| Gearing | 116.0 % | 84.7 % | 79.5 % | 76.3 % | 71.7 % |
| Relative net indebtedness % | 169.1 % | 120.9 % | 109.0 % | 98.5 % | 101.2 % |
| Liquidity | |||||
| Quick ratio | 1.7 | 2.4 | 2.5 | 2.4 | 1.1 |
| Current ratio | 1.8 | 2.6 | 2.6 | 2.5 | 1.2 |
| Cash and cash equivalents | 194.16 | 195.29 | 201.35 | 204.99 | 185.40 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 47.7 | 46.3 | 45.9 | 44.0 | 39.1 |
| Net working capital % | 4.2 % | 13.8 % | 12.4 % | 6.5 % | -12.2 % |
| Credit risk | |||||
| Credit rating | AAA | AA | AAA | AAA | AAA |
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