Destination Merchandise ApS — Credit Rating and Financial Key Figures

CVR number: 37965146
Ejby Industrivej 68, 2600 Glostrup
henrik@cultureplus.dk
tel: 20908711

Company information

Official name
Destination Merchandise ApS
Established
2016
Company form
Private limited company
Industry

About Destination Merchandise ApS

Destination Merchandise ApS (CVR number: 37965146) is a company from GLOSTRUP. The company recorded a gross profit of -125.2 kDKK in 2023. The operating profit was -125.2 kDKK, while net earnings were -130.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.1 %, which can be considered poor and Return on Equity (ROE) was -44.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-15.00-10.00-10.00-10.00- 125.20
EBIT-15.00-10.00-10.00-10.00- 125.20
Net earnings-11.90-7.80-10.00-10.00- 130.39
Shareholders equity total384.09376.29366.29356.29225.90
Balance sheet total (assets)401.59403.79403.79371.29490.09
Net debt244.00
Profitability
EBIT-%
ROA-3.7 %-2.5 %-2.5 %-2.6 %-29.1 %
ROE-3.1 %-2.1 %-2.7 %-2.8 %-44.8 %
ROI-3.8 %-2.6 %-2.7 %-2.8 %-30.3 %
Economic value added (EVA)-31.64-27.10-28.91-28.41- 143.10
Solvency
Equity ratio95.6 %93.2 %90.7 %96.0 %46.1 %
Gearing108.0 %
Relative net indebtedness %
Liquidity
Quick ratio22.914.710.824.81.5
Current ratio22.914.710.824.81.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-29.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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