DAVID SUPER-LIGHT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAVID SUPER-LIGHT A/S
DAVID SUPER-LIGHT A/S (CVR number: 20053283) is a company from HEDENSTED. The company recorded a gross profit of 10.9 mDKK in 2023. The operating profit was 2787.1 kDKK, while net earnings were 1849.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.5 %, 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. DAVID SUPER-LIGHT A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 859.27 | 9 540.29 | 9 319.20 | 9 113.43 | 10 856.58 |
EBIT | 1 672.56 | 2 380.67 | 2 570.36 | 2 500.98 | 2 787.14 |
Net earnings | 1 183.69 | 1 689.55 | 1 805.19 | 1 729.76 | 1 849.78 |
Shareholders equity total | 8 155.92 | 8 845.47 | 10 650.66 | 11 380.42 | 12 230.19 |
Balance sheet total (assets) | 16 882.00 | 20 951.99 | 22 486.23 | 25 705.73 | 26 901.32 |
Net debt | 3 667.72 | 4 246.40 | 8 802.82 | 11 451.24 | 10 471.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.1 % | 12.7 % | 11.9 % | 10.5 % | 10.7 % |
ROE | 14.7 % | 19.9 % | 18.5 % | 15.7 % | 15.7 % |
ROI | 13.6 % | 16.1 % | 14.6 % | 11.6 % | 11.8 % |
Economic value added (EVA) | 927.67 | 1 337.65 | 1 425.75 | 1 108.00 | 1 293.78 |
Solvency | |||||
Equity ratio | 48.3 % | 42.2 % | 47.4 % | 44.3 % | 45.5 % |
Gearing | 73.1 % | 72.2 % | 83.8 % | 100.8 % | 88.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.6 | 0.4 | 0.3 | 0.6 |
Current ratio | 1.8 | 1.0 | 1.2 | 1.0 | 1.6 |
Cash and cash equivalents | 2 296.27 | 2 137.62 | 119.17 | 19.42 | 378.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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