DEMMING HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DEMMING HOLDING ApS
DEMMING HOLDING ApS (CVR number: 32095569) is a company from RANDERS. The company reported a net sales of 1.2 mDKK in 2024, demonstrating a growth of 180.2 % compared to the previous year. The operating profit percentage was at 98.8 % (EBIT: 1.2 mDKK), while net earnings were 1272.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. DEMMING HOLDING ApS's liquidity measured by quick ratio was 1.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 702.81 | 591.42 | 828.76 | 427.38 | 424.63 |
Gross profit | 697.00 | 585.17 | 821.76 | 421.13 | 411.48 |
EBIT | 697.00 | 585.17 | 821.76 | 421.13 | 411.48 |
Net earnings | 677.69 | 560.29 | 798.69 | 397.43 | 443.13 |
Shareholders equity total | 4 855.19 | 5 305.49 | 5 991.18 | 6 274.21 | 6 599.54 |
Balance sheet total (assets) | 6 214.11 | 6 852.93 | 7 664.66 | 8 037.21 | 8 773.99 |
Net debt | 1 158.84 | 1 458.57 | 1 540.86 | 1 729.67 | 511.87 |
Profitability | |||||
EBIT-% | 99.2 % | 98.9 % | 99.2 % | 98.5 % | 96.9 % |
ROA | 11.9 % | 9.6 % | 11.8 % | 5.9 % | 6.5 % |
ROE | 14.8 % | 11.0 % | 14.1 % | 6.5 % | 6.9 % |
ROI | 13.2 % | 9.8 % | 11.9 % | 5.9 % | 6.5 % |
Economic value added (EVA) | 891.87 | 822.47 | 1 096.24 | 736.40 | 740.01 |
Solvency | |||||
Equity ratio | 78.1 % | 77.4 % | 78.2 % | 78.1 % | 75.2 % |
Gearing | 24.4 % | 27.9 % | 26.7 % | 27.9 % | 32.4 % |
Relative net indebtedness % | 189.6 % | 257.9 % | 194.9 % | 407.8 % | 129.5 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.7 | 0.6 | 1.3 |
Current ratio | 0.8 | 0.7 | 0.7 | 0.6 | 1.3 |
Cash and cash equivalents | 26.05 | 22.33 | 58.51 | 20.35 | 1 624.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -46.0 % | -78.5 % | -58.4 % | -147.0 % | -242.9 % |
Credit risk | |||||
Credit rating | AA | A | AA | A | A |
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