DAVIDSENS TØMMERHANDEL A/S — Credit Rating and Financial Key Figures

DAVIDSENS TØMMERHANDEL A/S (CVR number: 87310116) is a company from HADERSLEV. The company reported a net sales of 3181.5 mDKK in 2023, demonstrating a decline of -23.4 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 29.2 mDKK), while net earnings were 25.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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. DAVIDSENS TØMMERHANDEL A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.