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Denmark
In shortDemant A/s is profitable, generates cash and carries moderate debt, with revenue growing (+6.3% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 16.7% | 72/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 6.7% | 47/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 16.2% | 81/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 10.7% | 71/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.36× | 46/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.79× | 12/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.25× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 4.60× | 30/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 13.9% | 76/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.07× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 3 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 3 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 2 | 100/100 |
| Revenue growth volatility | 10.1% | 74/100 |
| Operating margin volatility | 2.3% | 88/100 |
Weight in the score: 20%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 3 fiscal years from the company's annual reports.
DKK millions; negative values in parentheses.
| Fiscal year | FY21 | FY23 | FY25 |
|---|---|---|---|
| Revenue | 17,905 | 21,601 | 22,971 |
| Cost of revenue | 4,447 | 5,281 | 5,600 |
| Gross profit | 13,458 | 16,320 | 17,371 |
| Research & development | 1,139 | 1,226 | 1,401 |
| Operating income | 3,663 | 4,506 | 3,832 |
| Interest expense | 244 | 856 | 833 |
| Pre-tax income | 3,461 | 3,745 | 3,101 |
| Income tax | 750 | 922 | 734 |
| Net income | 2,513 | 1,795 | 1,545 |
| Diluted EPS | kr10.70 | kr8.04 | kr7.31 |
Not computed: a required balance-sheet item is missing.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jun 30, 2026