DESI MART ApS — Credit Rating and Financial Key Figures

CVR number: 39289946
Stamholmen 175, 2650 Hvidovre
desimartaps@gmail.com

Credit rating

Company information

Official name
DESI MART ApS
Personnel
4 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About DESI MART ApS

DESI MART ApS (CVR number: 39289946) is a company from HVIDOVRE. The company recorded a gross profit of 1534.3 kDKK in 2023. The operating profit was 449.6 kDKK, while net earnings were 339.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 55 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DESI MART ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit884.71794.991 141.061 288.351 534.29
EBIT300.8580.09164.62227.22449.55
Net earnings267.6847.89119.01124.98339.38
Shareholders equity total155.81203.70322.72447.70787.08
Balance sheet total (assets)2 930.943 874.173 803.883 916.673 967.43
Net debt594.4741.8723.72178.4925.12
Profitability
EBIT-%
ROA11.1 %2.4 %4.3 %5.9 %11.4 %
ROE21.1 %26.6 %45.2 %32.4 %55.0 %
ROI29.9 %7.8 %16.5 %21.1 %33.5 %
Economic value added (EVA)280.9766.29150.80188.68349.37
Solvency
Equity ratio5.3 %5.3 %8.5 %11.4 %19.8 %
Gearing570.3 %354.5 %202.7 %146.1 %83.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.50.50.7
Current ratio1.11.11.11.11.3
Cash and cash equivalents294.05680.34630.44475.67629.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.8%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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