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

Davidsen Midt A/S (CVR number: 81664919) is a company from SKIVE. The company reported a net sales of 766.4 mDKK in 2024, demonstrating a decline of -1.6 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 19.3 mDKK), while net earnings were 14.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Davidsen Midt 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.