DET DANSKE HEDESELSKAB — Credit Rating and Financial Key Figures

CVR number: 42344613
Klostermarken 12, 8800 Viborg
tel: 87281133

Credit rating

Company information

Official name
DET DANSKE HEDESELSKAB
Personnel
11 persons
Established
1999
Industry

About DET DANSKE HEDESELSKAB

DET DANSKE HEDESELSKAB (CVR number: 42344613K) is a company from VIBORG. The company reported a net sales of 2350.8 mDKK in 2024, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 76.4 mDKK), while net earnings were 84.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DET DANSKE HEDESELSKAB's liquidity measured by quick ratio was 1.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 736.111 990.502 158.832 298.892 350.77
Gross profit434.37469.32506.82548.63550.40
EBIT-22.7450.1964.6860.9976.45
Net earnings15.7956.2857.6853.1784.18
Shareholders equity total983.391 040.191 104.321 152.841 233.15
Balance sheet total (assets)1 652.831 691.631 792.191 938.151 932.70
Net debt- 138.3918.2316.7982.66146.18
Profitability
EBIT-%-1.3 %2.5 %3.0 %2.7 %3.3 %
ROA-1.2 %3.7 %4.5 %3.6 %4.6 %
ROE1.7 %5.7 %5.5 %4.8 %7.2 %
ROI-1.2 %5.9 %5.8 %5.0 %6.1 %
Economic value added (EVA)-61.012.643.68-5.1235.43
Solvency
Equity ratio59.5 %61.5 %61.6 %59.5 %63.8 %
Gearing20.7 %17.6 %14.7 %17.8 %17.1 %
Relative net indebtedness %14.5 %21.0 %22.4 %26.3 %24.5 %
Liquidity
Quick ratio2.01.81.61.51.6
Current ratio2.22.11.91.92.1
Cash and cash equivalents342.43164.60145.29122.3464.67
Capital use efficiency
Trade debtors turnover (days)82.189.086.890.484.5
Net working capital %20.3 %14.7 %17.8 %17.7 %17.8 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:4.57%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer
Board member
Board member
Board member

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