Danish Design Supply ApS — Credit Rating and Financial Key Figures

CVR number: 36987553
Fuglevangsvej 48, 8700 Horsens
hl@danishdesignsupply.dk
tel: 60164517

Credit rating

Company information

Official name
Danish Design Supply ApS
Personnel
16 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon31Manufacture of furniture

About Danish Design Supply ApS

Danish Design Supply ApS (CVR number: 36987553) is a company from HORSENS. The company recorded a gross profit of 7677.1 kDKK in 2023. The operating profit was 1997.8 kDKK, while net earnings were 1563 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.7 %, which can be considered excellent and Return on Equity (ROE) was 43.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Danish Design Supply ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 291.393 914.395 365.296 266.977 677.11
EBIT128.63410.141 321.191 213.051 997.76
Net earnings95.45321.411 001.43915.551 563.03
Shareholders equity total709.481 030.892 032.332 794.224 357.25
Balance sheet total (assets)2 152.132 850.544 022.684 217.076 256.91
Net debt785.0273.04- 369.76143.99- 679.58
Profitability
EBIT-%
ROA7.9 %16.5 %38.4 %29.4 %38.7 %
ROE14.4 %36.9 %65.4 %37.9 %43.7 %
ROI11.1 %30.2 %77.4 %46.4 %54.7 %
Economic value added (EVA)97.77302.26986.01864.451 420.66
Solvency
Equity ratio33.0 %36.2 %50.5 %66.3 %69.6 %
Gearing110.6 %18.2 %6.8 %8.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.60.61.0
Current ratio1.31.31.82.73.1
Cash and cash equivalents114.45508.06105.13679.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:38.7%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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