DESIGN NATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 total | 270.49 | 260.81 | 240.68 | 220.91 | 206.23 |
Balance sheet total (assets) | 576.87 | 558.81 | 553.88 | 555.29 | 555.89 |
Net debt | 8.49 | 288.07 | 304.67 | 326.89 | 343.42 |
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 ratio | 46.9 % | 46.7 % | 43.5 % | 39.8 % | 37.1 % |
Gearing | 3.2 % | 110.6 % | 127.7 % | 149.0 % | 167.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 |
Current ratio | 1.9 | 1.9 | 1.8 | 1.7 | 1.6 |
Cash and cash equivalents | 0.18 | 0.30 | 2.78 | 2.20 | 2.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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