DESIGN NATION A/S — Credit Rating and Financial Key Figures

CVR number: 34451230
Aagaardsvej 24, 4760 Vordingborg
info@design-nation.dk

Credit rating

Company information

Official name
DESIGN NATION A/S
Established
2012
Company form
Limited company
Industry

About DESIGN NATION A/S

DESIGN NATION A/S (CVR number: 34451230) is a company from VORDINGBORG. The company recorded a gross profit of -10.9 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were -14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.1 %, 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. DESIGN NATION A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.30-4.04-16.83-14.82-10.89
EBIT-11.74-4.04-16.83-14.82-10.89
Net earnings-15.53-9.68-20.13-19.77-14.69
Shareholders equity total270.49260.81240.68220.91206.23
Balance sheet total (assets)576.87558.81553.88555.29555.89
Net debt8.49288.07304.67326.89343.42
Profitability
EBIT-%
ROA-2.2 %-0.7 %-3.0 %-2.7 %-2.0 %
ROE-5.6 %-3.6 %-8.0 %-8.6 %-6.9 %
ROI-3.4 %-1.0 %-3.1 %-2.7 %-2.0 %
Economic value added (EVA)-22.87-16.73-26.22-23.52-19.49
Solvency
Equity ratio46.9 %46.7 %43.5 %39.8 %37.1 %
Gearing3.2 %110.6 %127.7 %149.0 %167.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.70.70.7
Current ratio1.91.91.81.71.6
Cash and cash equivalents0.180.302.782.202.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-1.96%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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