DENCON FOODS A/S — Credit Rating and Financial Key Figures

DENCON FOODS A/S (CVR number: 17612492) is a company from HADERSLEV. The company reported a net sales of 497.2 mDKK in 2023, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 4 mDKK), while net earnings were 1255.7 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 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. DENCON FOODS A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.