DDH FOREST BALTIC A/S — Credit Rating and Financial Key Figures

CVR number: 27354750
Klostermarken 12, 8800 Viborg
tel: 87281122

Credit rating

Company information

Official name
DDH FOREST BALTIC A/S
Established
2003
Company form
Limited company
Industry

About DDH FOREST BALTIC A/S

DDH FOREST BALTIC A/S (CVR number: 27354750) is a company from VIBORG. The company recorded a gross profit of -52.8 kDKK in 2024. The operating profit was -52.8 kDKK, while net earnings were 1699 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. DDH FOREST BALTIC A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1.84-0.01-0.07-0.00-52.78
EBIT-1.84-0.01-0.07-0.00-52.78
Net earnings1 716.982 316.4618 547.052 370.071 699.03
Shareholders equity total41 968.3344 236.0769 773.7572 458.4474 300.76
Balance sheet total (assets)120 926.29124 156.57148 161.11150 538.87155 480.28
Net debt74 399.9375 582.8574 129.2178 080.4481 159.52
Profitability
EBIT-%
ROA2.4 %2.8 %14.5 %3.8 %3.1 %
ROE4.2 %5.4 %32.5 %3.3 %2.3 %
ROI2.4 %2.8 %14.5 %3.8 %3.1 %
Economic value added (EVA)-5 980.61-6 076.55-6 238.92-7 445.10-7 605.75
Solvency
Equity ratio34.7 %35.6 %47.1 %48.1 %47.8 %
Gearing188.1 %180.7 %112.3 %107.8 %109.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.10.00.0
Current ratio0.40.40.10.00.0
Cash and cash equivalents4 558.034 337.654 258.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.12%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.8%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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