DAVINDE SAVVÆRK A/S — Credit Rating and Financial Key Figures

DAVINDE SAVVÆRK A/S (CVR number: 38299417) is a company from ODENSE. The company recorded a gross profit of 19.6 mDKK in 2023. The operating profit was 5612.7 kDKK, while net earnings were 4254.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DAVINDE SAVVÆRK A/S's liquidity measured by quick ratio was 3.2 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.