Davidsen Koncernen A/S — Credit Rating and Financial Key Figures

CVR number: 40997555
Fabriksvej 7, Skrydstrup 6500 Vojens

Company information

Official name
Davidsen Koncernen A/S
Established
2019
Domicile
Skrydstrup
Company form
Limited company
Industry

About Davidsen Koncernen A/S

Davidsen Koncernen A/S (CVR number: 40997555K) is a company from HADERSLEV. The company reported a net sales of 3185.3 mDKK in 2023, demonstrating a decline of -23.4 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 62.2 mDKK), while net earnings were 43.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50 %, 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. Davidsen Koncernen A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 306.003 348.003 835.004 156.443 185.26
Gross profit2 306.003 348.003 835.00691.46543.37
EBIT2 306.003 348.003 835.00170.5462.22
Net earnings22.0084.00159.00128.2943.81
Shareholders equity total142.00223.00388.00537.85575.62
Balance sheet total (assets)1 118.001 189.001 511.001 641.861 450.24
Net debt378.83198.84
Profitability
EBIT-%100.0 %100.0 %100.0 %4.1 %2.0 %
ROA231.5 %290.2 %284.1 %11.1 %4.7 %
ROE10.5 %46.0 %52.0 %27.7 %7.9 %
ROI231.5 %290.2 %284.1 %14.0 %7.5 %
Economic value added (EVA)1 677.202 596.862 992.56112.8413.08
Solvency
Equity ratio100.0 %100.0 %100.0 %43.4 %50.0 %
Gearing71.5 %56.3 %
Relative net indebtedness %25.8 %22.7 %
Liquidity
Quick ratio0.70.7
Current ratio1.41.3
Cash and cash equivalents5.53125.06
Capital use efficiency
Trade debtors turnover (days)34.734.3
Net working capital %7.8 %6.2 %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:4.69%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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