DESMI CHINA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DESMI CHINA HOLDING A/S
DESMI CHINA HOLDING A/S (CVR number: 28333587) is a company from AALBORG. The company recorded a gross profit of -34.6 kDKK in 2024. The operating profit was -34.6 kDKK, while net earnings were 24.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DESMI CHINA HOLDING A/S's liquidity measured by quick ratio was 782 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -21.34 | -34.63 | |||
EBIT | -20.00 | -19.00 | -20.00 | -21.34 | -34.63 |
Net earnings | 26 676.00 | 13 182.00 | 15 127.00 | 22 743.75 | 24 284.68 |
Shareholders equity total | 214 490.00 | 245 986.00 | 247 347.00 | 258 292.23 | 289 302.60 |
Balance sheet total (assets) | 214 551.00 | 246 046.00 | 247 413.00 | 258 380.25 | 289 374.28 |
Net debt | 61.18 | 25.36 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -0.0 % | -0.0 % | -0.0 % | 9.0 % | 9.9 % |
ROE | 13.4 % | 5.7 % | 6.1 % | 9.0 % | 8.9 % |
ROI | -0.0 % | -0.0 % | -0.0 % | 9.0 % | 9.9 % |
Economic value added (EVA) | -9 322.23 | -10 797.12 | -12 380.80 | -12 445.83 | -13 007.19 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | 0.0 % | 0.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 782.0 | |||
Current ratio | 0.1 | 782.0 | |||
Cash and cash equivalents | 6.84 | 16.32 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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