Designers Company A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Designers Company A/S
Designers Company A/S (CVR number: 39373599K) is a company from KØBENHAVN. The company recorded a gross profit of 44.7 mDKK in 2020. The operating profit was -16.7 mDKK, while net earnings were -19.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Designers Company A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 55 830.84 | 79 060.31 | 44 724.08 |
| EBIT | 200.60 | -9 840.53 | -16 704.30 |
| Net earnings | -5 353.98 | -15 448.28 | -19 924.82 |
| Shareholders equity total | 155 243.43 | 187 138.11 | 168 639.94 |
| Balance sheet total (assets) | 409 377.66 | 403 842.55 | 418 938.64 |
| Net debt | 163 910.65 | 109 703.29 | 89 216.68 |
| Profitability | |||
| EBIT-% | |||
| ROA | 0.2 % | -2.3 % | -3.9 % |
| ROE | -3.4 % | -9.0 % | -11.2 % |
| ROI | 0.2 % | -2.5 % | -4.5 % |
| Economic value added (EVA) | 221.71 | -26 509.69 | -30 367.14 |
| Solvency | |||
| Equity ratio | 38.2 % | 46.9 % | 40.8 % |
| Gearing | 110.3 % | 62.3 % | 86.7 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.2 | 0.5 | 1.2 |
| Current ratio | 0.4 | 1.4 | 1.7 |
| Cash and cash equivalents | 7 359.59 | 6 870.73 | 56 934.30 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | A | A | BBB |
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