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 8.1 mDKK in 2024, demonstrating a decline of -22.9 % compared to the previous year. The operating profit percentage was poor at -59.9 % (EBIT: -4.9 mDKK), while net earnings were 128.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, 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 79.5 %, 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 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 10 524.00 | 8 112.00 |
Gross profit | 10 524.00 | 8 112.00 |
EBIT | -29 341.00 | -4 857.00 |
Net earnings | 167 089.00 | 128 290.00 |
Shareholders equity total | 727 739.00 | 801 592.00 |
Balance sheet total (assets) | 1 139 373.00 | 1 007 675.00 |
Net debt | 109 439.00 | 56 712.00 |
Profitability | ||
EBIT-% | -278.8 % | -59.9 % |
ROA | 16.3 % | 13.3 % |
ROE | 23.0 % | 16.8 % |
ROI | 16.6 % | 13.5 % |
Economic value added (EVA) | -22 901.56 | -59 945.21 |
Solvency | ||
Equity ratio | 63.9 % | 79.5 % |
Gearing | 53.4 % | 23.5 % |
Relative net indebtedness % | 1252.2 % | 914.1 % |
Liquidity | ||
Quick ratio | 1.3 | 1.8 |
Current ratio | 1.3 | 1.8 |
Cash and cash equivalents | 279 049.00 | 131 511.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | 1246.5 % | 2052.6 % |
Credit risk | ||
Credit rating | AA | AA |
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