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Destination Merchandise ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Destination Merchandise ApS
Destination Merchandise ApS (CVR number: 37965146) is a company from GLOSTRUP. The company recorded a gross profit of -11.9 kDKK in 2024. The operating profit was -11.9 kDKK, while net earnings were -9.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. Destination Merchandise ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -10.00 | -10.00 | -10.00 | - 125.20 | -11.88 |
| EBIT | -10.00 | -10.00 | -10.00 | - 125.20 | -11.88 |
| Net earnings | -7.80 | -10.00 | -10.00 | - 130.39 | -9.12 |
| Shareholders equity total | 376.29 | 366.29 | 356.29 | 225.90 | 216.78 |
| Balance sheet total (assets) | 403.79 | 403.79 | 371.29 | 490.09 | 480.91 |
| Net debt | 244.00 | 244.00 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.5 % | -2.5 % | -2.6 % | -29.1 % | -1.9 % |
| ROE | -2.1 % | -2.7 % | -2.8 % | -44.8 % | -4.1 % |
| ROI | -2.6 % | -2.7 % | -2.8 % | -30.3 % | -2.0 % |
| Economic value added (EVA) | -27.10 | -28.91 | -28.41 | - 143.10 | -35.49 |
| Solvency | |||||
| Equity ratio | 93.2 % | 90.7 % | 96.0 % | 46.1 % | 45.1 % |
| Gearing | 108.0 % | 112.6 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.7 | 10.8 | 24.8 | 1.5 | 1.4 |
| Current ratio | 14.7 | 10.8 | 24.8 | 1.9 | 1.8 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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