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 2024, demonstrating a decline of -33.7 % compared to the previous year. The operating profit percentage was poor at -70.8 % (EBIT: -0.1 mDKK), while net earnings were -85.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.9 %, which can be considered poor and Return on Equity (ROE) was -44.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANSK IDE DESIGN ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 147.62 | 26.57 | 140.97 | 93.42 | |
Gross profit | 13.31 | -76.67 | 37.78 | -59.80 | |
EBIT | 3.56 | -84.92 | 38.49 | 6.28 | -66.12 |
Net earnings | 150.66 | -90.46 | 56.68 | 46.24 | -85.15 |
Shareholders equity total | 222.04 | 131.58 | 188.26 | 232.57 | 149.35 |
Balance sheet total (assets) | 388.27 | 195.90 | 390.77 | 450.67 | 406.89 |
Net debt | -9.93 | -13.96 | - 177.98 | - 177.93 | - 140.00 |
Profitability | |||||
EBIT-% | 2.4 % | -319.7 % | 4.5 % | -70.8 % | |
ROA | -45.8 % | -25.0 % | 19.3 % | 11.0 % | -19.9 % |
ROE | 87.1 % | -51.2 % | 35.4 % | 22.0 % | -44.6 % |
ROI | 87.1 % | -51.2 % | 35.4 % | 22.0 % | -44.6 % |
Economic value added (EVA) | -2.67 | -96.08 | 31.88 | -3.18 | -77.80 |
Solvency | |||||
Equity ratio | 57.2 % | 67.2 % | 48.2 % | 51.6 % | 36.7 % |
Gearing | |||||
Relative net indebtedness % | 105.9 % | 189.6 % | -120.5 % | -130.4 % | |
Liquidity | |||||
Quick ratio | 0.6 | 0.3 | 6.2 | 23.7 | 8.0 |
Current ratio | 0.6 | 0.6 | 7.1 | 29.6 | 10.2 |
Cash and cash equivalents | 9.93 | 13.96 | 177.98 | 177.93 | 140.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 193.2 | ||||
Net working capital % | -50.6 % | -93.0 % | 164.0 % | 178.7 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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