COLUMBIA SPORTSWEAR DENMARK ApS
Credit rating
Company information
About COLUMBIA SPORTSWEAR DENMARK ApS
COLUMBIA SPORTSWEAR DENMARK ApS (CVR number: 32442919) is a company from FREDERIKSSUND. The company reported a net sales of 36.3 mDKK in 2023, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 0.7 mDKK), while net earnings were 549.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. COLUMBIA SPORTSWEAR DENMARK ApS's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 34.42 | 22.75 | 27.77 | 34.89 | 36.31 |
Gross profit | 3.28 | 2.96 | 3.51 | 3.82 | 3.68 |
EBIT | 0.69 | 0.45 | 0.56 | 0.70 | 0.73 |
Net earnings | 0.50 | 0.30 | 0.38 | 0.50 | 0.55 |
Shareholders equity total | 2.70 | 3.01 | 3.38 | 3.89 | 4.44 |
Balance sheet total (assets) | 12.28 | 11.74 | 13.43 | 14.69 | 13.48 |
Net debt | -4.01 | -3.67 | -0.09 | -4.38 | -3.51 |
Profitability | |||||
EBIT-% | 2.0 % | 2.0 % | 2.0 % | 2.0 % | 2.0 % |
ROA | 4.9 % | 3.8 % | 4.4 % | 5.0 % | 5.2 % |
ROE | 20.4 % | 10.6 % | 11.8 % | 13.8 % | 13.2 % |
ROI | 10.7 % | 8.6 % | 7.5 % | 7.9 % | 8.1 % |
Economic value added (EVA) | 0.68 | 0.52 | 0.58 | 0.67 | 0.82 |
Solvency | |||||
Equity ratio | 22.0 % | 25.6 % | 25.2 % | 26.5 % | 32.9 % |
Gearing | 86.5 % | 84.1 % | 172.2 % | 119.7 % | 116.4 % |
Relative net indebtedness % | 9.4 % | 11.2 % | 14.9 % | 5.1 % | 1.0 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.3 | 1.3 | 1.5 |
Current ratio | 1.3 | 1.3 | 1.3 | 1.3 | 1.5 |
Cash and cash equivalents | 6.35 | 6.19 | 5.92 | 9.03 | 8.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.9 | 78.4 | 91.3 | 49.1 | 36.4 |
Net working capital % | 7.1 % | 12.0 % | 11.3 % | 10.2 % | 11.5 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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