DAVIDSEN FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 77353828
Provst Lønstrups Vej 62, Mejrup 7500 Holstebro
tel: 97423605

Credit rating

Company information

Official name
DAVIDSEN FINANS ApS
Established
1985
Domicile
Mejrup
Company form
Private limited company
Industry

About DAVIDSEN FINANS ApS

DAVIDSEN FINANS ApS (CVR number: 77353828) is a company from HOLSTEBRO. The company recorded a gross profit of 0 kDKK in 2019. The operating profit was -57.9 kDKK, while net earnings were 236.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DAVIDSEN FINANS ApS's liquidity measured by quick ratio was 87.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit
EBIT-59.47-51.63-49.71-57.89
Net earnings355.59533.40287.56236.14
Shareholders equity total5 791.836 274.636 510.496 692.63
Balance sheet total (assets)5 821.976 411.576 565.316 770.27
Net debt-5 767.47-6 409.96-6 562.20-6 769.26
Profitability
EBIT-%
ROA7.3 %11.2 %5.8 %4.6 %
ROE6.1 %8.8 %4.5 %3.6 %
ROI7.3 %11.3 %5.9 %4.6 %
Economic value added (EVA)-52.67-41.47-31.71-42.18
Solvency
Equity ratio99.5 %97.9 %99.2 %98.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio193.146.8119.887.2
Current ratio193.146.8119.887.2
Cash and cash equivalents5 767.476 409.966 562.206 769.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.59%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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