DESIGNTECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DESIGNTECH ApS
DESIGNTECH ApS (CVR number: 26511895) is a company from SØNDERBORG. The company recorded a gross profit of 347.4 kDKK in 2024. The operating profit was -80.6 kDKK, while net earnings were -62.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.9 %, 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. DESIGNTECH ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 603.55 | 470.04 | 575.75 | 316.57 | 347.44 |
EBIT | 141.45 | 29.03 | 135.56 | - 144.76 | -80.57 |
Net earnings | 109.67 | 14.37 | 110.09 | - 113.30 | -62.86 |
Shareholders equity total | 429.07 | 443.44 | 553.52 | 440.22 | 377.36 |
Balance sheet total (assets) | 841.39 | 614.69 | 755.81 | 681.67 | 572.31 |
Net debt | - 485.64 | - 239.12 | - 161.50 | - 191.26 | 49.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.4 % | 4.0 % | 19.8 % | -20.1 % | -12.8 % |
ROE | 29.3 % | 3.3 % | 22.1 % | -22.8 % | -15.4 % |
ROI | 35.0 % | 6.3 % | 27.0 % | -27.0 % | -16.2 % |
Economic value added (EVA) | 93.58 | -3.22 | 88.74 | - 140.73 | -88.97 |
Solvency | |||||
Equity ratio | 51.0 % | 72.1 % | 73.2 % | 64.6 % | 65.9 % |
Gearing | 9.2 % | 18.1 % | 26.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 3.4 | 3.5 | 2.7 | 2.8 |
Current ratio | 1.9 | 3.5 | 3.6 | 2.7 | 2.8 |
Cash and cash equivalents | 525.31 | 239.12 | 161.50 | 270.91 | 49.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
Variable visualization
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