DESMI A/S — Credit Rating and Financial Key Figures

CVR number: 34086796
Tagholm 1, 9400 Nørresundby

Credit rating

Company information

Official name
DESMI A/S
Personnel
12 persons
Established
2011
Company form
Limited company
Industry

About DESMI A/S

DESMI A/S (CVR number: 34086796K) is a company from AALBORG. The company reported a net sales of 1703.7 mDKK in 2024, demonstrating a decline of -12.8 % compared to the previous year. The operating profit percentage was at 10.4 % (EBIT: 176.4 mDKK), while net earnings were 128.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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. DESMI A/S's liquidity measured by quick ratio was 1.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 295.531 275.231 879.531 953.721 703.73
Gross profit563.79520.70714.95639.42597.85
EBIT160.56113.28217.17243.38176.41
Net earnings124.5395.55152.38167.09128.29
Shareholders equity total518.55586.53574.93727.74801.59
Balance sheet total (assets)1 011.821 114.961 252.491 346.801 234.06
Net debt- 183.32- 193.06
Profitability
EBIT-%12.4 %8.9 %11.6 %12.5 %10.4 %
ROA15.6 %10.7 %18.3 %19.4 %14.5 %
ROE23.8 %17.3 %26.2 %25.7 %16.8 %
ROI15.6 %10.7 %18.3 %23.2 %21.3 %
Economic value added (EVA)133.9787.22187.70155.9983.88
Solvency
Equity ratio100.0 %100.0 %100.0 %58.6 %71.1 %
Gearing25.3 %2.8 %
Relative net indebtedness %12.3 %12.1 %
Liquidity
Quick ratio1.51.9
Current ratio2.02.5
Cash and cash equivalents367.72215.49
Capital use efficiency
Trade debtors turnover (days)54.764.7
Net working capital %31.3 %38.0 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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