DAVISTA K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAVISTA K/S
DAVISTA K/S (CVR number: 27702171) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 17.7 mDKK in 2024, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was at 85 % (EBIT: 15.1 mDKK), while net earnings were 8724 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 41 %, 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. DAVISTA K/S's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 15 483.00 | 14 765.00 | 16 394.00 | 18 772.00 | 17 746.00 |
Gross profit | 13 508.00 | 11 324.00 | 13 766.00 | 16 418.00 | 15 277.00 |
EBIT | 13 074.00 | 32 034.00 | 26 920.00 | 13 814.00 | 15 087.00 |
Net earnings | 12 484.00 | 31 521.00 | 23 411.00 | 7 593.00 | 8 724.00 |
Shareholders equity total | 295 818.00 | 320 339.00 | 173 639.00 | 174 232.00 | 174 956.00 |
Balance sheet total (assets) | 391 737.00 | 411 241.00 | 432 643.00 | 429 309.00 | 426 309.00 |
Net debt | 83 122.00 | 79 519.00 | 239 710.00 | 237 072.00 | 236 892.00 |
Profitability | |||||
EBIT-% | 84.4 % | 217.0 % | 164.2 % | 73.6 % | 85.0 % |
ROA | 6.7 % | 8.0 % | 6.4 % | 3.2 % | 3.6 % |
ROE | 8.4 % | 10.2 % | 9.5 % | 4.4 % | 5.0 % |
ROI | 6.7 % | 8.1 % | 6.4 % | 3.3 % | 3.6 % |
Economic value added (EVA) | 13 055.48 | 13 204.87 | 6 976.18 | -6 776.19 | -5 382.29 |
Solvency | |||||
Equity ratio | 75.5 % | 77.9 % | 40.1 % | 40.6 % | 41.0 % |
Gearing | 30.0 % | 26.7 % | 145.2 % | 142.9 % | 140.2 % |
Relative net indebtedness % | 583.7 % | 574.4 % | 1503.7 % | 1295.1 % | 1368.8 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.5 | 2.2 | 1.9 | 1.7 |
Current ratio | 0.9 | 1.5 | 2.2 | 1.9 | 1.7 |
Cash and cash equivalents | 5 547.00 | 6 091.00 | 12 492.00 | 11 968.00 | 8 454.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.5 | 0.1 | 2.4 | 0.3 | 5.4 |
Net working capital % | -3.1 % | 13.5 % | 43.6 % | 30.5 % | 21.5 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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