Design Merchants ApS
Credit rating
Company information
About Design Merchants ApS
Design Merchants ApS (CVR number: 40618597) is a company from HELSINGØR. The company recorded a gross profit of -16.7 kDKK in 2023. The operating profit was -16.7 kDKK, while net earnings were -21.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Design Merchants ApS's liquidity measured by quick ratio was 4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -29.00 | 154.45 | 89.00 | -16.74 |
EBIT | -29.00 | 154.45 | 89.00 | -16.74 |
Net earnings | -30.29 | 120.50 | 69.45 | -21.25 |
Shareholders equity total | 9.71 | 130.21 | 199.67 | 178.42 |
Balance sheet total (assets) | 106.98 | 341.29 | 355.43 | 237.49 |
Net debt | -29.96 | - 107.38 | -82.29 | -66.16 |
Profitability | ||||
EBIT-% | ||||
ROA | -24.2 % | 70.8 % | 31.5 % | -5.0 % |
ROE | -312.0 % | 172.2 % | 42.1 % | -11.2 % |
ROI | -266.7 % | 221.7 % | 65.3 % | -7.7 % |
Economic value added (EVA) | -24.79 | 121.49 | 67.65 | -21.62 |
Solvency | ||||
Equity ratio | 11.8 % | 38.2 % | 56.2 % | 75.1 % |
Gearing | 2.5 % | 1.6 % | 2.1 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.5 | 1.6 | 2.3 | 4.0 |
Current ratio | 1.1 | 1.6 | 2.3 | 4.0 |
Cash and cash equivalents | 29.96 | 110.65 | 85.56 | 69.83 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | B | C |
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