DESIGN CONCEPT DENMARK A/S

CVR number: 14684743
Zeta 1, Søften 8382 Hinnerup
tel: 86208040

Credit rating

Company information

Official name
DESIGN CONCEPT DENMARK A/S
Personnel
56 persons
Established
1990
Domicile
Søften
Company form
Limited company
Industry
  • Expand more icon31Manufacture of furniture

About DESIGN CONCEPT DENMARK A/S

DESIGN CONCEPT DENMARK A/S (CVR number: 14684743) is a company from FAVRSKOV. The company recorded a gross profit of 31.9 mDKK in 2023. The operating profit was 4560.7 kDKK, while net earnings were 2651.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.9 %, 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 CONCEPT DENMARK A/S's liquidity measured by quick ratio was 0.6 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
20192020202120222023
Volume
Net sales
Gross profit20 158.8324 889.7635 977.4336 798.2131 878.07
EBIT1 073.454 833.897 241.623 308.594 560.71
Net earnings222.433 062.955 122.442 317.052 651.53
Shareholders equity total3 840.226 903.1712 025.6114 342.6616 994.19
Balance sheet total (assets)28 429.8337 404.6348 959.1159 437.5050 319.47
Net debt15 335.7316 271.1918 324.9926 289.0117 238.19
Profitability
EBIT-%
ROA3.6 %14.7 %16.9 %7.7 %8.4 %
ROE6.0 %57.0 %54.1 %17.6 %16.9 %
ROI4.8 %20.8 %25.2 %11.3 %12.2 %
Economic value added (EVA)597.323 545.225 303.491 939.882 804.40
Solvency
Equity ratio32.1 %33.6 %35.9 %33.2 %44.9 %
Gearing399.5 %235.8 %152.4 %183.7 %101.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.50.40.6
Current ratio1.31.41.41.41.8
Cash and cash equivalents4.056.313.6356.0354.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:8.43%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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