C.D.E. DANISH MARINE DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 13214395
A.P. Møllers Allé 55, 2791 Dragør
lto.cph@cde-dmd.com

Credit rating

Company information

Official name
C.D.E. DANISH MARINE DESIGN ApS
Established
1989
Company form
Private limited company
Industry

About C.D.E. DANISH MARINE DESIGN ApS

C.D.E. DANISH MARINE DESIGN ApS (CVR number: 13214395) is a company from DRAGØR. The company recorded a gross profit of 196.2 kDKK in 2024. The operating profit was 196.2 kDKK, while net earnings were 157.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C.D.E. DANISH MARINE DESIGN ApS's liquidity measured by quick ratio was 9.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit550.34388.92236.35122.66196.23
EBIT550.34387.86229.39116.29196.23
Net earnings425.80296.35167.4686.83157.10
Shareholders equity total890.401 186.761 354.211 241.041 007.80
Balance sheet total (assets)1 130.981 362.141 622.581 416.941 120.84
Net debt- 961.86-1 144.63-1 394.89-1 214.09- 913.15
Profitability
EBIT-%
ROA67.5 %31.2 %15.4 %7.7 %15.9 %
ROE62.8 %28.5 %13.2 %6.7 %14.0 %
ROI80.8 %37.2 %18.0 %9.0 %17.9 %
Economic value added (EVA)404.66256.12118.2220.0790.59
Solvency
Equity ratio78.7 %87.1 %83.5 %87.6 %89.9 %
Gearing0.4 %0.4 %0.5 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.47.25.77.69.5
Current ratio4.47.25.77.69.5
Cash and cash equivalents965.571 149.681 402.001 218.24913.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.9%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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