DSV AIR & SEA A/S — Credit Rating and Financial Key Figures

DSV AIR & SEA A/S (CVR number: 26366313) is a company from Høje-Taastrup. The company reported a net sales of 3806.6 mDKK in 2023, demonstrating a decline of -52.3 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 281.1 mDKK), while net earnings were 209.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.1 %, which can be considered excellent and Return on Equity (ROE) was 90.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.7 %, 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. DSV AIR & SEA 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.