HOUSE OF DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOUSE OF DENMARK A/S
HOUSE OF DENMARK A/S (CVR number: 26539668) is a company from VEJLE. The company recorded a gross profit of 7647.9 kDKK in 2024. The operating profit was -3542.8 kDKK, while net earnings were -2896.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.1 %, which can be considered poor and Return on Equity (ROE) was -23.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.7 %, 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. HOUSE OF DENMARK A/S's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10 186.45 | 12 206.39 | 11 701.20 | 12 876.80 | 7 647.91 |
EBIT | 1 788.54 | 2 628.73 | 2 086.82 | 1 030.82 | -3 542.81 |
Net earnings | 1 258.17 | 1 950.20 | 1 550.95 | 757.91 | -2 896.69 |
Shareholders equity total | 14 591.84 | 15 542.04 | 16 092.98 | 15 850.89 | 8 954.20 |
Balance sheet total (assets) | 22 918.55 | 22 633.69 | 25 703.96 | 24 855.19 | 20 505.44 |
Net debt | -6 949.10 | -3 230.76 | -6 884.48 | -6 796.67 | 3 474.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | 11.5 % | 8.7 % | 4.2 % | -15.1 % |
ROE | 8.7 % | 12.9 % | 9.8 % | 4.7 % | -23.4 % |
ROI | 11.5 % | 16.1 % | 11.9 % | 5.8 % | -20.0 % |
Economic value added (EVA) | 617.97 | 1 255.46 | 784.30 | - 131.38 | -3 677.32 |
Solvency | |||||
Equity ratio | 63.7 % | 68.7 % | 62.6 % | 63.8 % | 43.7 % |
Gearing | 5.0 % | 8.4 % | 15.6 % | 14.7 % | 78.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.5 | 2.3 | 2.3 | 1.4 |
Current ratio | 2.6 | 2.8 | 2.4 | 2.6 | 1.6 |
Cash and cash equivalents | 7 672.32 | 4 536.22 | 9 397.45 | 9 125.32 | 3 592.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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