Handelsselskabet Dorte & Iver A/S
Credit rating
Company information
About Handelsselskabet Dorte & Iver A/S
Handelsselskabet Dorte & Iver A/S (CVR number: 32267327) is a company from HERNING. The company recorded a gross profit of -281.3 kDKK in 2023. The operating profit was -258.4 kDKK, while net earnings were 200.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Handelsselskabet Dorte & Iver A/S's liquidity measured by quick ratio was 14.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 827.72 | 11 268.83 | 12 182.07 | 699.06 | - 281.34 |
EBIT | 1 898.12 | 4 122.76 | 2 756.20 | 841.08 | - 258.37 |
Net earnings | 1 603.74 | 3 383.18 | 2 065.05 | 824.60 | 200.24 |
Shareholders equity total | 6 788.24 | 10 171.42 | 12 236.47 | 13 061.07 | 13 261.31 |
Balance sheet total (assets) | 16 337.78 | 22 008.78 | 19 701.67 | 14 210.11 | 14 253.05 |
Net debt | 4 402.30 | 4 155.31 | -42.93 | -1 561.33 | - 268.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.9 % | 23.3 % | 13.4 % | 6.6 % | 1.9 % |
ROE | 26.8 % | 39.9 % | 18.4 % | 6.5 % | 1.5 % |
ROI | 20.3 % | 32.3 % | 17.7 % | 7.6 % | 2.0 % |
Economic value added (EVA) | 1 223.06 | 2 904.00 | 1 670.20 | 238.44 | - 757.16 |
Solvency | |||||
Equity ratio | 41.5 % | 46.2 % | 62.1 % | 91.9 % | 93.0 % |
Gearing | 73.7 % | 50.5 % | 29.6 % | 3.4 % | 5.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 2.3 | 13.6 | 14.4 |
Current ratio | 1.7 | 1.8 | 2.5 | 13.6 | 14.4 |
Cash and cash equivalents | 601.42 | 984.08 | 3 663.09 | 2 003.68 | 1 003.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | B | B |
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