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DECHRA VETERINARY PRODUCTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DECHRA VETERINARY PRODUCTS A/S
DECHRA VETERINARY PRODUCTS A/S (CVR number: 10114241) is a company from HEDENSTED. The company reported a net sales of 2875 mDKK in 2024, demonstrating a growth of 7.2 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 149.5 mDKK), while net earnings were 190 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.3 %, 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. DECHRA VETERINARY PRODUCTS A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 131.66 | 2 367.83 | 2 513.14 | 2 680.69 | 2 875.02 |
| Gross profit | 192.18 | 255.84 | 238.85 | 240.93 | 253.52 |
| EBIT | 112.86 | 168.49 | 142.32 | 136.75 | 149.54 |
| Net earnings | 98.32 | 157.58 | 111.72 | 116.94 | 189.97 |
| Shareholders equity total | 403.14 | 560.42 | 574.73 | 631.67 | 571.64 |
| Balance sheet total (assets) | 1 132.38 | 1 209.66 | 1 242.23 | 1 386.10 | 1 260.75 |
| Net debt | 578.36 | 502.29 | |||
| Profitability | |||||
| EBIT-% | 5.3 % | 7.1 % | 5.7 % | 5.1 % | 5.2 % |
| ROA | 10.8 % | 14.4 % | 11.6 % | 12.0 % | 17.4 % |
| ROE | 27.9 % | 32.7 % | 19.7 % | 19.4 % | 31.6 % |
| ROI | 10.8 % | 14.4 % | 11.6 % | 12.9 % | 20.1 % |
| Economic value added (EVA) | 97.65 | 148.24 | 114.16 | 73.06 | 51.71 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 45.6 % | 45.3 % |
| Gearing | 91.6 % | 87.9 % | |||
| Relative net indebtedness % | 28.1 % | 23.9 % | |||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.3 | |||
| Current ratio | 2.3 | 2.3 | |||
| Cash and cash equivalents | 0.01 | 0.01 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 17.1 | 16.1 | |||
| Net working capital % | 27.0 % | 23.3 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | A |
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