DESMI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DESMI A/S
DESMI A/S (CVR number: 34086796) is a company from AALBORG. The company reported a net sales of 10.5 mDKK in 2023. The operating profit percentage was poor at -278.8 % (EBIT: -29.3 mDKK), while net earnings were 167.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 10 524.00 | ||
Gross profit | 10 524.00 | ||
EBIT | -25 910.00 | -29 339.00 | |
Net earnings | 152 384.00 | 167 089.00 | |
Shareholders equity total | 574 927.00 | 727 740.00 | |
Balance sheet total (assets) | 1 070 930.00 | 1 139 374.00 | |
Net debt | 489 947.00 | 109 439.00 | |
Profitability | |||
EBIT-% | -278.8 % | ||
ROA | 13.9 % | 16.9 % | |
ROE | 26.5 % | 25.7 % | |
ROI | 14.0 % | 17.1 % | |
Economic value added (EVA) | -2 115.02 | -21 338.89 | -8 063.57 |
Solvency | |||
Equity ratio | 53.7 % | 63.9 % | |
Gearing | 85.2 % | 53.4 % | |
Relative net indebtedness % | 1252.2 % | ||
Liquidity | |||
Quick ratio | 1.0 | 1.3 | |
Current ratio | 1.0 | 1.3 | |
Cash and cash equivalents | 279 049.00 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 1246.5 % | ||
Credit risk | |||
Credit rating | AA | AA |
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