DANSK HALENTREPRISE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK HALENTREPRISE A/S
DANSK HALENTREPRISE A/S (CVR number: 87987817) is a company from HORSENS. The company reported a net sales of 862.1 mDKK in 2023, demonstrating a decline of -17.6 % compared to the previous year. The operating profit percentage was at 11 % (EBIT: 95.1 mDKK), while net earnings were 78 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.2 %, which can be considered excellent and Return on Equity (ROE) was 42.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. DANSK HALENTREPRISE A/S's liquidity measured by quick ratio was 2.8 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 352.60 | 349.23 | 457.35 | 1 045.62 | 862.06 |
Gross profit | 63.74 | 49.51 | 72.38 | 148.85 | 130.46 |
EBIT | 43.45 | 29.11 | 45.42 | 113.92 | 95.11 |
Net earnings | 35.53 | 21.97 | 34.79 | 87.69 | 78.01 |
Shareholders equity total | 136.89 | 123.87 | 136.66 | 189.35 | 179.36 |
Balance sheet total (assets) | 227.12 | 229.24 | 263.15 | 396.74 | 330.92 |
Net debt | 61.10 | - 143.25 | |||
Profitability | |||||
EBIT-% | 12.3 % | 8.3 % | 9.9 % | 10.9 % | 11.0 % |
ROA | 17.6 % | 12.8 % | 18.4 % | 34.6 % | 28.2 % |
ROE | 23.8 % | 16.9 % | 26.7 % | 53.8 % | 42.3 % |
ROI | 21.0 % | 12.8 % | 18.4 % | 42.3 % | 43.8 % |
Economic value added (EVA) | 34.05 | 22.23 | 39.20 | 81.91 | 60.12 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 48.9 % | 59.5 % |
Gearing | 36.8 % | 0.0 % | |||
Relative net indebtedness % | 17.4 % | -0.6 % | |||
Liquidity | |||||
Quick ratio | 2.1 | 2.8 | |||
Current ratio | 2.0 | 2.2 | |||
Cash and cash equivalents | 8.49 | 143.25 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.4 | 46.0 | |||
Net working capital % | 18.8 % | 19.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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