Design Society (fond) — Credit Rating and Financial Key Figures
Credit rating
Company information
About Design Society (fond)
Design Society (fond) (CVR number: 36994126) is a company from KØBENHAVN. The company reported a net sales of 27.2 mDKK in 2024, demonstrating a decline of -36.6 % compared to the previous year. The operating profit percentage was poor at -9.7 % (EBIT: -2.6 mDKK), while net earnings were -2556.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor and Return on Equity (ROE) was -26.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.8 %, 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. Design Society (fond)'s liquidity measured by quick ratio was 2.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 72 034.23 | 51 088.38 | 45 825.19 | 42 946.54 | 27 244.94 |
Gross profit | 26 361.85 | 26 624.59 | 19 936.68 | 23 265.26 | 17 823.19 |
EBIT | 235.22 | 377.24 | -2 463.49 | 90.65 | -2 633.48 |
Net earnings | 1 447.46 | 1 097.03 | -2 230.92 | 111.56 | -2 556.82 |
Shareholders equity total | 11 965.06 | 13 062.09 | 10 831.17 | 10 942.72 | 8 385.91 |
Balance sheet total (assets) | 34 734.13 | 31 005.16 | 22 506.69 | 18 326.95 | 15 016.93 |
Net debt | -15 053.67 | -11 075.65 | -7 296.41 | -6 856.32 | |
Profitability | |||||
EBIT-% | 0.3 % | 0.7 % | -5.4 % | -9.7 % | |
ROA | 8.3 % | 1.5 % | -9.1 % | -14.2 % | |
ROE | 10.7 % | 8.8 % | -18.7 % | -26.5 % | |
ROI | 17.4 % | 3.8 % | -20.4 % | -24.5 % | |
Economic value added (EVA) | - 589.36 | - 333.40 | -2 579.22 | - 473.56 | -3 278.37 |
Solvency | |||||
Equity ratio | 34.4 % | 42.1 % | 48.1 % | 55.8 % | |
Gearing | |||||
Relative net indebtedness % | 10.7 % | 13.4 % | 9.6 % | -0.8 % | |
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 1.6 | 2.8 | |
Current ratio | 1.3 | 1.5 | 1.6 | 2.8 | |
Cash and cash equivalents | 15 053.67 | 11 075.65 | 7 296.41 | 8 152.44 | 6 856.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.9 | 10.4 | 37.6 | 1.6 | |
Net working capital % | 11.0 % | 16.7 % | 15.0 % | 28.5 % | |
Credit risk | |||||
Credit rating | A | A | BBB | BBB |
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