DET DANSKE HEDESELSKAB — Credit Rating and Financial Key Figures

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

Company information

Official name
DET DANSKE HEDESELSKAB
Personnel
11 persons
Established
1999
Industry

About DET DANSKE HEDESELSKAB

DET DANSKE HEDESELSKAB (CVR number: 42344613) is a company from VIBORG. The company reported a net sales of 22.2 mDKK in 2024, demonstrating a decline of -0.6 % compared to the previous year. The operating profit percentage was at 121.1 % (EBIT: 26.9 mDKK), while net earnings were 82.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DET DANSKE HEDESELSKAB's liquidity measured by quick ratio was 39.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales19 508.0018 516.0017 342.0022 360.0022 224.00
Gross profit-8 934.00-6 899.00-7 851.00847.00-2 834.00
EBIT-12 879.00-7 296.002 099.006 911.0026 908.00
Net earnings15 628.0056 260.0056 560.0052 516.0082 622.00
Shareholders equity total955 648.001 011 272.001 074 605.001 123 694.001 202 631.00
Balance sheet total (assets)1 151 098.001 186 417.001 220 815.001 317 949.001 405 612.00
Net debt- 327 362.00- 330 516.00- 346 886.00- 296 901.00- 285 865.00
Profitability
EBIT-%-66.0 %-39.4 %12.1 %30.9 %121.1 %
ROA2.0 %5.3 %5.5 %4.9 %7.2 %
ROE1.6 %5.7 %5.4 %4.8 %7.1 %
ROI2.0 %5.4 %5.6 %4.9 %7.3 %
Economic value added (EVA)-32 438.50-26 435.67-15 074.81169.8915 273.44
Solvency
Equity ratio83.0 %85.2 %88.0 %85.3 %85.6 %
Gearing18.1 %15.2 %11.0 %14.4 %13.5 %
Relative net indebtedness %-1648.3 %-1756.6 %-1952.8 %-1283.3 %-1242.1 %
Liquidity
Quick ratio39.339.724.341.039.4
Current ratio39.339.724.341.039.4
Cash and cash equivalents500 798.00484 037.00465 371.00458 862.00448 356.00
Capital use efficiency
Trade debtors turnover (days)10.02.674.53.751.5
Net working capital %2813.7 %2909.2 %2344.6 %1827.9 %1853.5 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:7.24%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.6%
Rating: 65/100
-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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