United Petfood Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About United Petfood Denmark A/S
United Petfood Denmark A/S (CVR number: 63840610) is a company from AARHUS. The company reported a net sales of 220.5 mDKK in 2023, demonstrating a growth of 23.6 % compared to the previous year. The operating profit percentage was at 15.3 % (EBIT: 33.8 mDKK), while net earnings were 39.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.1 %, 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. United Petfood Denmark 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 | 269.72 | 269.22 | 289.60 | 178.37 | 220.52 |
Gross profit | 65.82 | 66.66 | 61.32 | 36.36 | 65.74 |
EBIT | 2.05 | 7.01 | 1.87 | 3.91 | 33.76 |
Net earnings | -1.24 | 4.37 | 0.11 | -4.15 | 39.54 |
Shareholders equity total | 89.29 | 101.42 | 101.76 | 97.25 | 144.05 |
Balance sheet total (assets) | 324.45 | 347.54 | 347.78 | 376.80 | 355.46 |
Net debt | 183.21 | 180.72 | 175.61 | 205.31 | 160.14 |
Profitability | |||||
EBIT-% | 0.8 % | 2.6 % | 0.6 % | 2.2 % | 15.3 % |
ROA | 1.1 % | 2.9 % | 1.2 % | 2.1 % | 11.5 % |
ROE | -1.4 % | 4.6 % | 0.1 % | -4.2 % | 32.8 % |
ROI | 1.4 % | 3.5 % | 1.4 % | 2.5 % | 13.7 % |
Economic value added (EVA) | -3.09 | -1.01 | -4.48 | -2.95 | 39.27 |
Solvency | |||||
Equity ratio | 26.1 % | 27.8 % | 28.0 % | 24.8 % | 40.1 % |
Gearing | 205.7 % | 183.2 % | 180.1 % | 211.2 % | 111.4 % |
Relative net indebtedness % | 87.0 % | 89.5 % | 82.3 % | 156.7 % | 95.7 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.9 | 0.9 | 1.2 |
Current ratio | 1.1 | 1.0 | 1.1 | 1.1 | 1.4 |
Cash and cash equivalents | 0.49 | 5.04 | 7.68 | 0.05 | 0.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.7 | 50.8 | 38.8 | 105.8 | 50.1 |
Net working capital % | 4.4 % | -0.2 % | 5.4 % | 11.1 % | 34.5 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | A | AAA |
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