Døvling Østre Plantage ApS

CVR number: 38422960
Ravnsborggade 20, 7400 Herning

Credit rating

Company information

Official name
Døvling Østre Plantage ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About the company

Døvling Østre Plantage ApS (CVR number: 38422960) is a company from HERNING. The company recorded a gross profit of -90.2 kDKK in 2023. The operating profit was -206 kDKK, while net earnings were -189.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -124 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Døvling Østre Plantage ApS's liquidity measured by quick ratio was 0.1 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
20192020202120222023
Volume
Net sales
Gross profit- 398.02- 115.27- 104.42-88.59-90.24
EBIT- 454.89- 194.04- 187.60- 196.57- 206.02
Net earnings- 396.46- 182.55- 185.69- 184.01- 189.24
Shareholders equity total99.44116.89131.20147.19157.95
Balance sheet total (assets)3 970.593 849.773 949.073 785.103 678.35
Net debt3 763.063 713.463 760.093 623.673 506.68
Profitability
EBIT-%
ROA-11.5 %-5.0 %-4.8 %-5.1 %-5.5 %
ROE-323.2 %-168.8 %-149.7 %-132.2 %-124.0 %
ROI-12.1 %-5.0 %-4.8 %-5.1 %-5.5 %
Economic value added (EVA)- 474.91- 271.90- 269.99- 276.47- 279.38
Solvency
Equity ratio2.5 %3.0 %3.3 %3.9 %4.3 %
Gearing3845.5 %3191.0 %2897.2 %2462.3 %2220.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.10.1
Current ratio0.20.10.10.10.1
Cash and cash equivalents60.8216.3041.040.650.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-5.52%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.29%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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