HOUSE OF DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 26539668
Industrivej 8, 7120 Vejle Øst
tel: 75725616

Credit rating

Company information

Official name
HOUSE OF DENMARK A/S
Personnel
28 persons
Established
2002
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10 186.4512 206.3911 701.2012 876.807 647.91
EBIT1 788.542 628.732 086.821 030.82-3 542.81
Net earnings1 258.171 950.201 550.95757.91-2 896.69
Shareholders equity total14 591.8415 542.0416 092.9815 850.898 954.20
Balance sheet total (assets)22 918.5522 633.6925 703.9624 855.1920 505.44
Net debt-6 949.10-3 230.76-6 884.48-6 796.673 474.67
Profitability
EBIT-%
ROA8.1 %11.5 %8.7 %4.2 %-15.1 %
ROE8.7 %12.9 %9.8 %4.7 %-23.4 %
ROI11.5 %16.1 %11.9 %5.8 %-20.0 %
Economic value added (EVA)617.971 255.46784.30- 131.38-3 677.32
Solvency
Equity ratio63.7 %68.7 %62.6 %63.8 %43.7 %
Gearing5.0 %8.4 %15.6 %14.7 %78.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.52.32.31.4
Current ratio2.62.82.42.61.6
Cash and cash equivalents7 672.324 536.229 397.459 125.323 592.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-15.1%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.7%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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