DECARD Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DECARD Denmark ApS
DECARD Denmark ApS (CVR number: 43225227) is a company from KØBENHAVN. The company reported a net sales of 3.7 mDKK in 2024, demonstrating a decline of -35.8 % compared to the previous year. The operating profit percentage was at 51.7 % (EBIT: 1.9 mDKK), while net earnings were 1911.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 140.5 %, which can be considered excellent and Return on Equity (ROE) was 493.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, 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. DECARD Denmark ApS's liquidity measured by quick ratio was 1.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 3 270.98 | 5 735.29 | 3 682.53 |
Gross profit | 2 340.65 | 4 461.55 | 3 448.28 |
EBIT | - 517.03 | -1 416.56 | 1 904.67 |
Net earnings | - 518.93 | -1 412.77 | 1 911.44 |
Shareholders equity total | - 478.93 | -1 891.70 | 19.74 |
Balance sheet total (assets) | 387.53 | 754.97 | 85.94 |
Net debt | - 229.60 | - 291.94 | -1.68 |
Profitability | |||
EBIT-% | -15.8 % | -24.7 % | 51.7 % |
ROA | -59.6 % | -80.4 % | 140.5 % |
ROE | -133.9 % | -247.3 % | 493.5 % |
ROI | 19449.7 % | ||
Economic value added (EVA) | - 517.03 | -1 392.49 | 1 999.72 |
Solvency | |||
Equity ratio | -55.3 % | -71.5 % | 23.0 % |
Gearing | |||
Relative net indebtedness % | 19.5 % | 41.1 % | 1.8 % |
Liquidity | |||
Quick ratio | 0.4 | 0.3 | 1.3 |
Current ratio | 0.4 | 0.3 | 1.3 |
Cash and cash equivalents | 229.60 | 291.94 | 1.68 |
Capital use efficiency | |||
Trade debtors turnover (days) | 5.9 | ||
Net working capital % | -14.6 % | -33.0 % | 0.5 % |
Credit risk | |||
Credit rating | B | B | C |
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