DANSK IDE DESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 15.16 | 147.62 | 26.57 | 140.97 | |
Gross profit | -50.12 | 13.31 | -76.67 | 37.78 | |
EBIT | -54.12 | 3.56 | -84.92 | 38.49 | 6.28 |
Net earnings | - 111.19 | 150.66 | -90.46 | 56.68 | 46.24 |
Shareholders equity total | 124.03 | 222.04 | 131.58 | 188.26 | 232.57 |
Balance sheet total (assets) | 197.16 | 388.27 | 195.90 | 390.77 | 450.67 |
Net debt | -12.05 | -9.93 | -13.96 | - 177.98 | - 177.93 |
Profitability | |||||
EBIT-% | -357.0 % | 2.4 % | -319.7 % | 4.5 % | |
ROA | 2.2 % | -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 | -98.27 | 37.46 | 6.10 |
Solvency | |||||
Equity ratio | 62.9 % | 57.2 % | 67.2 % | 48.2 % | 51.6 % |
Gearing | |||||
Relative net indebtedness % | 402.9 % | 105.9 % | 189.6 % | -120.5 % | |
Liquidity | |||||
Quick ratio | 0.2 | 0.6 | 0.3 | 6.2 | 23.7 |
Current ratio | 0.2 | 0.6 | 0.6 | 7.1 | 29.6 |
Cash and cash equivalents | 12.05 | 9.93 | 13.96 | 177.98 | 177.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 193.2 | ||||
Net working capital % | -375.9 % | -50.6 % | -93.0 % | 164.0 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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