Dyvig Holdings A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Dyvig Holdings A/S
Dyvig Holdings A/S (CVR number: 35847731K) is a company from ODENSE. The company reported a net sales of 5542.3 mDKK in 2023, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 15.5 % (EBIT: 858.5 mDKK), while net earnings were 711.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 53.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.8 %, 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. Dyvig Holdings A/S's liquidity measured by quick ratio was 1.2 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 | 2 179.00 | 1 983.40 | 3 893.30 | 5 394.20 | 5 542.30 |
Gross profit | 953.00 | 882.20 | 1 566.40 | 2 036.80 | 2 211.70 |
EBIT | 288.60 | 298.20 | 662.70 | 745.00 | 858.50 |
Net earnings | 187.50 | 224.40 | 551.50 | 636.50 | 711.70 |
Shareholders equity total | 942.10 | 1 044.50 | 1 375.00 | 1 831.70 | 2 364.00 |
Balance sheet total (assets) | 2 419.40 | 2 376.50 | 3 624.90 | 4 699.70 | 4 839.30 |
Net debt | 480.10 | 383.60 | - 194.60 | -93.40 | - 146.60 |
Profitability | |||||
EBIT-% | 13.2 % | 15.0 % | 17.0 % | 13.8 % | 15.5 % |
ROA | 13.7 % | 13.4 % | 24.9 % | 20.9 % | 21.5 % |
ROE | 42.9 % | 43.6 % | 81.4 % | 65.3 % | 53.2 % |
ROI | 17.7 % | 16.7 % | 33.4 % | 27.9 % | 26.9 % |
Economic value added (EVA) | 173.91 | 191.53 | 488.54 | 520.88 | 590.26 |
Solvency | |||||
Equity ratio | 38.9 % | 44.0 % | 37.9 % | 39.0 % | 48.8 % |
Gearing | 68.7 % | 55.6 % | 22.7 % | 28.6 % | |
Relative net indebtedness % | 60.1 % | 57.2 % | 52.8 % | 43.7 % | 29.8 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 0.9 | 1.1 | 1.2 |
Current ratio | 1.3 | 1.3 | 1.6 | 1.9 | 1.8 |
Cash and cash equivalents | 167.30 | 197.40 | 194.60 | 510.00 | 822.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 64.2 | 61.2 | 53.8 | ||
Net working capital % | 8.1 % | 8.7 % | 16.7 % | 18.3 % | 12.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AAA |
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