MEJERIFORENINGEN DANISH DAIRY BOARD — Credit Rating and Financial Key Figures

CVR number: 26088100
Agro Food Park 13, 8200 Aarhus N
ddb@mejeri.dk
tel: 87312001

Credit rating

Company information

Official name
MEJERIFORENINGEN DANISH DAIRY BOARD
Personnel
31 persons
Established
2001
Industry

About MEJERIFORENINGEN DANISH DAIRY BOARD

MEJERIFORENINGEN DANISH DAIRY BOARD (CVR number: 26088100) is a company from AARHUS. The company reported a net sales of 102.4 mDKK in 2024, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -1.9 mDKK), while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MEJERIFORENINGEN DANISH DAIRY BOARD's liquidity measured by quick ratio was 4.8 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales110.01110.18120.26101.52102.44
Gross profit110.01110.18120.269.9213.46
EBIT110.01110.18120.26-4.85-1.93
Net earnings1.139.83-0.685.8911.60
Shareholders equity total175.59185.43184.74190.63202.23
Balance sheet total (assets)210.33226.17236.59235.75236.76
Net debt-13.76-12.92
Profitability
EBIT-%100.0 %100.0 %100.0 %-4.8 %-1.9 %
ROA53.1 %50.5 %52.0 %2.5 %4.9 %
ROE0.6 %5.4 %-0.4 %3.1 %5.9 %
ROI62.7 %61.0 %65.0 %3.2 %5.9 %
Economic value added (EVA)111.46111.91122.31-2.25-11.51
Solvency
Equity ratio41.8 %41.0 %39.0 %85.5 %89.1 %
Gearing
Relative net indebtedness %31.3 %37.0 %43.1 %30.9 %21.1 %
Liquidity
Quick ratio4.13.83.23.74.8
Current ratio4.13.83.22.63.5
Cash and cash equivalents13.7612.92
Capital use efficiency
Trade debtors turnover (days)1.315.2
Net working capital %98.2 %104.3 %94.5 %71.9 %82.8 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.91%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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