DANSK IDE DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 73221315
Finlandsgade 32 A, 6700 Esbjerg
tls1706@gmail.com
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Credit rating

Company information

Official name
DANSK IDE DESIGN ApS
Personnel
1 person
Established
1983
Company form
Private limited company
Industry

About DANSK IDE DESIGN ApS

DANSK IDE DESIGN ApS (CVR number: 73221315) is a company from ESBJERG. The company reported a net sales of 0.1 mDKK in 2023. The operating profit percentage was at 4.5 % (EBIT: 0 mDKK), while net earnings were 46.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. DANSK IDE DESIGN ApS's liquidity measured by quick ratio was 23.7 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales15.16147.6226.57140.97
Gross profit-50.1213.31-76.6737.78
EBIT-54.123.56-84.9238.496.28
Net earnings- 111.19150.66-90.4656.6846.24
Shareholders equity total124.03222.04131.58188.26232.57
Balance sheet total (assets)197.16388.27195.90390.77450.67
Net debt-12.05-9.93-13.96- 177.98- 177.93
Profitability
EBIT-%-357.0 %2.4 %-319.7 %4.5 %
ROA2.2 %-45.8 %-25.0 %19.3 %11.0 %
ROE-61.0 %87.1 %-51.2 %35.4 %22.0 %
ROI-66.1 %87.1 %-51.2 %35.4 %22.0 %
Economic value added (EVA)-58.17-2.12-98.2737.466.10
Solvency
Equity ratio62.9 %57.2 %67.2 %48.2 %51.6 %
Gearing
Relative net indebtedness %402.9 %105.9 %189.6 %-120.5 %
Liquidity
Quick ratio0.20.60.36.223.7
Current ratio0.20.60.67.129.6
Cash and cash equivalents12.059.9313.96177.98177.93
Capital use efficiency
Trade debtors turnover (days)193.2
Net working capital %-375.9 %-50.6 %-93.0 %164.0 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.6%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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