Davidge Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38964356
Lilleskovvej 31, 4220 Korsør
sebastian@davidge.dk
tel: 31557701

Credit rating

Company information

Official name
Davidge Holding ApS
Established
2017
Company form
Private limited company
Industry

About Davidge Holding ApS

Davidge Holding ApS (CVR number: 38964356) is a company from SLAGELSE. The company recorded a gross profit of -6.2 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -33.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9.1 %, 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. Davidge Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.52-5.19-3.11-0.26-6.15
EBIT-8.52-5.19-3.11-0.26-6.15
Net earnings-17.873.92-3.11-0.25-6.15
Shareholders equity total-9.15-5.2421.6521.4015.25
Balance sheet total (assets)1.6615.5681.96120.47167.18
Net debt5.075.500.050.1040.23
Profitability
EBIT-%
ROA6.6 %-91.9 %-6.1 %-0.2 %-4.3 %
ROE-344.5 %45.5 %-16.7 %-1.2 %-33.6 %
ROI-189.7 %55.0 %-19.6 %-1.2 %-15.8 %
Economic value added (EVA)-8.28-4.69-2.12-0.85-4.21
Solvency
Equity ratio-84.6 %-25.2 %26.4 %17.8 %9.1 %
Gearing-55.5 %-191.9 %0.2 %0.5 %268.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.31.20.60.6
Current ratio0.10.31.20.60.6
Cash and cash equivalents4.550.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-4.28%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.12%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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