Defensive Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Defensive Group A/S
Defensive Group A/S (CVR number: 39408503) is a company from SOLRØD. The company reported a net sales of 39.4 mDKK in 2023, demonstrating a growth of 37.8 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 0.5 mDKK), while net earnings were 516 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. Defensive Group A/S'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21.69 | 28.55 | 39.35 | ||
Gross profit | 4.77 | 7.41 | 9.83 | 6.38 | 7.36 |
EBIT | 1.29 | 0.73 | 1.89 | 0.38 | 0.51 |
Net earnings | 0.97 | 0.52 | 1.43 | 0.11 | 0.52 |
Shareholders equity total | 1.15 | 0.98 | 2.41 | 2.51 | 3.03 |
Balance sheet total (assets) | 3.12 | 5.72 | 8.08 | 10.78 | 11.74 |
Net debt | -0.62 | -2.27 | -2.18 | 0.79 | -1.24 |
Profitability | |||||
EBIT-% | 8.7 % | 1.3 % | 1.3 % | ||
ROA | 58.4 % | 16.5 % | 27.6 % | 4.0 % | 6.7 % |
ROE | 101.0 % | 49.3 % | 84.5 % | 4.4 % | 18.6 % |
ROI | 123.6 % | 62.5 % | 108.2 % | 12.7 % | 22.4 % |
Economic value added (EVA) | 0.99 | 0.53 | 1.52 | 0.22 | 0.26 |
Solvency | |||||
Equity ratio | 36.9 % | 17.1 % | 29.8 % | 23.3 % | 25.8 % |
Gearing | 31.8 % | 2.1 % | |||
Relative net indebtedness % | 15.7 % | 28.5 % | 18.4 % | ||
Liquidity | |||||
Quick ratio | 1.9 | 1.2 | 1.5 | 1.1 | 1.1 |
Current ratio | 1.9 | 1.2 | 1.5 | 1.1 | 1.1 |
Cash and cash equivalents | 0.62 | 2.27 | 2.18 | 0.01 | 1.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 84.9 | 76.9 | 46.3 | ||
Net working capital % | 12.0 % | 2.5 % | 2.8 % | ||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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