DES ApS — Credit Rating and Financial Key Figures

CVR number: 89484510
Ejbydalsvej 247, 2600 Glostrup
Kajgrubjerg@gmail.com
tel: 40504303
www.des.dk

Company information

Official name
DES ApS
Personnel
1 person
Established
1984
Company form
Private limited company
Industry

About DES ApS

DES ApS (CVR number: 89484510) is a company from GLOSTRUP. The company recorded a gross profit of 21 kDKK in 2023. The operating profit was 18.5 kDKK, while net earnings were 613.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.1 %, which can be considered excellent and Return on Equity (ROE) was 30 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DES ApS's liquidity measured by quick ratio was 598.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit28.5938.9732.2120.0120.99
EBIT4.312.8511.763.6718.47
Net earnings5.75443.88133.2114.44613.77
Shareholders equity total1 310.221 689.101 757.311 771.752 320.52
Balance sheet total (assets)1 326.651 698.361 765.071 779.242 324.16
Net debt-1 180.47-1 095.04-1 618.59-1 633.07-2 161.08
Profitability
EBIT-%
ROA0.5 %29.8 %8.0 %0.9 %30.1 %
ROE0.7 %29.6 %7.7 %0.8 %30.0 %
ROI0.5 %30.0 %8.0 %0.9 %30.2 %
Economic value added (EVA)3.33-3.67-18.09-3.3011.50
Solvency
Equity ratio98.8 %99.5 %99.6 %99.6 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio71.8167.6208.8218.0598.8
Current ratio71.8167.6208.8218.0598.8
Cash and cash equivalents1 180.471 095.041 618.591 633.072 161.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:30.1%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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