DISCOVER FINANCE ApS — Credit Rating and Financial Key Figures

CVR number: 31250897
Magnoliavej 14, Dyrup 5250 Odense SV
info@discoversystems.com
tel: 70220056

Company information

Official name
DISCOVER FINANCE ApS
Established
2008
Domicile
Dyrup
Company form
Private limited company
Industry

About DISCOVER FINANCE ApS

DISCOVER FINANCE ApS (CVR number: 31250897) is a company from ODENSE. The company recorded a gross profit of 614.9 kDKK in 2023. The operating profit was 219.9 kDKK, while net earnings were 174.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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. DISCOVER FINANCE ApS's liquidity measured by quick ratio was 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit539.36455.07545.54460.66614.93
EBIT127.0357.4193.2183.96219.91
Net earnings98.2064.4178.6053.37174.51
Shareholders equity total505.61570.02448.62501.99676.49
Balance sheet total (assets)1 467.071 168.861 419.65960.001 478.35
Net debt161.02127.58-11.94- 129.09- 293.35
Profitability
EBIT-%
ROA9.7 %5.7 %7.8 %7.5 %18.4 %
ROE21.5 %12.0 %15.4 %11.2 %29.6 %
ROI11.5 %6.9 %9.8 %9.8 %24.0 %
Economic value added (EVA)89.3753.2257.1677.36162.63
Solvency
Equity ratio34.5 %48.8 %31.6 %52.3 %45.8 %
Gearing143.9 %66.3 %150.1 %40.1 %72.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.11.21.5
Current ratio0.91.01.11.21.5
Cash and cash equivalents566.64250.29685.39330.45780.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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