Design Eyewear Group Investment A/S — Credit Rating and Financial Key Figures

Design Eyewear Group Investment A/S (CVR number: 34621713K) is a company from AARHUS. The company reported a net sales of 432.6 mDKK in 2021, demonstrating a growth of 39.9 % compared to the previous year. The operating profit percentage was at 17.5 % (EBIT: 75.9 mDKK), while net earnings were 51.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 30 %, which can be considered excellent and Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. Design Eyewear Group Investment A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.