DAVA Foods Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DAVA Foods Denmark A/S
DAVA Foods Denmark A/S (CVR number: 32442072) is a company from MARIAGERFJORD. The company reported a net sales of 787.5 mDKK in 2024, demonstrating a growth of 3.2 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 16.1 mDKK), while net earnings were 15.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. DAVA Foods Denmark A/S's liquidity measured by quick ratio was 0.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 678.83 | 662.22 | 731.20 | 762.95 | 787.52 |
Gross profit | 678.83 | 662.22 | 731.20 | 93.45 | 83.35 |
EBIT | 36.28 | 17.16 | 23.36 | 29.67 | 16.13 |
Net earnings | 28.30 | 12.89 | 15.96 | 24.55 | 15.48 |
Shareholders equity total | 80.03 | 67.92 | 83.89 | 108.44 | 123.91 |
Balance sheet total (assets) | 239.83 | 262.16 | 259.17 | 252.58 | 282.38 |
Net debt | 28.91 | 43.00 | |||
Profitability | |||||
EBIT-% | 5.3 % | 2.6 % | 3.2 % | 3.9 % | 2.0 % |
ROA | 30.2 % | 6.8 % | 9.0 % | 12.6 % | 7.8 % |
ROE | 70.6 % | 17.4 % | 21.0 % | 25.5 % | 13.3 % |
ROI | 30.2 % | 6.8 % | 9.0 % | 15.9 % | 13.0 % |
Economic value added (EVA) | 36.28 | 13.14 | 19.95 | 19.07 | 3.98 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 42.9 % | 43.9 % |
Gearing | 26.7 % | 34.7 % | |||
Relative net indebtedness % | 17.8 % | 18.9 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | |||
Current ratio | 1.0 | 1.0 | |||
Cash and cash equivalents | 0.00 | 0.01 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.6 | 47.7 | |||
Net working capital % | -0.1 % | -0.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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