Twin Design ApS — Credit Rating and Financial Key Figures

CVR number: 42064378
Havvej 31, Vrinners 8420 Knebel

Company information

Official name
Twin Design ApS
Personnel
1 person
Established
2021
Domicile
Vrinners
Company form
Private limited company
Industry

About Twin Design ApS

Twin Design ApS (CVR number: 42064378) is a company from SYDDJURS. The company recorded a gross profit of 187.9 kDKK in 2024. The operating profit was 11.2 kDKK, while net earnings were 8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Twin Design ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit276.87235.33238.79187.92
EBIT2.75-0.5741.9311.18
Net earnings0.74-0.7432.658.41
Shareholders equity total40.7440.0072.6581.06
Balance sheet total (assets)120.45125.63273.53260.65
Net debt-20.14-67.5751.80-62.52
Profitability
EBIT-%
ROA2.3 %-0.5 %21.0 %4.3 %
ROE1.8 %-1.8 %58.0 %10.9 %
ROI4.7 %-1.1 %36.6 %6.5 %
Economic value added (EVA)2.75-2.6630.69-0.98
Solvency
Equity ratio33.8 %31.8 %26.6 %31.1 %
Gearing154.8 %91.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.80.41.2
Current ratio1.00.80.41.2
Cash and cash equivalents20.1467.5760.63136.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:4.27%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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