Democratic Eyewear Østerbro ApS — Credit Rating and Financial Key Figures

CVR number: 42368024
Østerbrogade 54, 2100 København Ø
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Credit rating

Company information

Official name
Democratic Eyewear Østerbro ApS
Personnel
5 persons
Established
2021
Company form
Private limited company
Industry

About Democratic Eyewear Østerbro ApS

Democratic Eyewear Østerbro ApS (CVR number: 42368024) is a company from KØBENHAVN. The company recorded a gross profit of 1500.3 kDKK in 2024. The operating profit was 281.3 kDKK, while net earnings were 316.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.9 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. Democratic Eyewear Østerbro ApS's liquidity measured by quick ratio was 3.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit1 841.431 395.701 578.971 500.35
EBIT796.83279.53358.38281.28
Net earnings615.93202.91345.32316.29
Shareholders equity total665.93868.851 214.171 530.46
Balance sheet total (assets)1 770.212 034.691 670.491 930.81
Net debt735.64735.8312.701.86
Profitability
EBIT-%
ROA45.0 %15.3 %25.1 %22.9 %
ROE92.5 %26.4 %33.2 %23.0 %
ROI55.2 %18.5 %31.2 %28.7 %
Economic value added (EVA)629.37133.17190.16154.64
Solvency
Equity ratio37.6 %42.7 %72.7 %79.3 %
Gearing111.8 %90.3 %2.9 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.32.73.9
Current ratio1.21.53.14.5
Cash and cash equivalents9.0548.9122.1032.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:22.9%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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