Davidsen Koncernen A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Davidsen Koncernen A/S
Davidsen Koncernen A/S (CVR number: 40997555K) is a company from HADERSLEV. The company reported a net sales of 3027.8 mDKK in 2024, demonstrating a decline of -4.9 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 58.9 mDKK), while net earnings were 42.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, 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 44.1 %, 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 348.00 | 3 835.00 | 4 156.00 | 3 185.26 | 3 027.76 |
Gross profit | 590.00 | 726.00 | 691.00 | 543.37 | 518.89 |
EBIT | 113.00 | 209.00 | 167.00 | 62.22 | 58.85 |
Net earnings | 84.00 | 159.00 | 128.00 | 43.81 | 42.37 |
Shareholders equity total | 223.00 | 388.00 | 538.00 | 575.62 | 620.95 |
Balance sheet total (assets) | 1 189.00 | 1 511.00 | 1 642.00 | 1 450.24 | 1 406.88 |
Net debt | 198.84 | 110.03 | |||
Profitability | |||||
EBIT-% | 3.4 % | 5.4 % | 4.0 % | 2.0 % | 1.9 % |
ROA | 9.8 % | 15.5 % | 10.6 % | 4.7 % | 4.8 % |
ROE | 46.0 % | 52.0 % | 27.6 % | 7.9 % | 7.1 % |
ROI | 9.8 % | 15.5 % | 10.6 % | 5.6 % | 7.8 % |
Economic value added (EVA) | 105.86 | 197.79 | 147.50 | 19.60 | -5.63 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 50.0 % | 44.1 % |
Gearing | 56.3 % | 26.2 % | |||
Relative net indebtedness % | 22.7 % | 23.3 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | |||
Current ratio | 1.3 | 1.4 | |||
Cash and cash equivalents | 125.06 | 52.72 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.3 | 43.1 | |||
Net working capital % | 6.2 % | 7.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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