DESIGN+ ApS — Credit Rating and Financial Key Figures

CVR number: 42614904
Thomas Helsteds Vej 18 A, Stilling 8660 Skanderborg
info@designplus.nu
tel: 40888814

Credit rating

Company information

Official name
DESIGN+ ApS
Personnel
2 persons
Established
2021
Domicile
Stilling
Company form
Private limited company
Industry

About DESIGN+ ApS

DESIGN+ ApS (CVR number: 42614904) is a company from SKANDERBORG. The company recorded a gross profit of 1059.1 kDKK in 2023. The operating profit was 51.4 kDKK, while net earnings were 32.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. DESIGN+ ApS's liquidity measured by quick ratio was 2 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
2022
2023
Volume
Net sales
Gross profit1 882.161 059.09
EBIT844.4851.38
Net earnings654.8232.50
Shareholders equity total699.81732.31
Balance sheet total (assets)2 380.911 457.97
Net debt- 777.24- 310.45
Profitability
EBIT-%
ROA35.5 %2.9 %
ROE93.6 %4.5 %
ROI120.7 %7.6 %
Economic value added (EVA)657.1641.31
Solvency
Equity ratio29.4 %50.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.42.0
Current ratio1.42.0
Cash and cash equivalents777.24310.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:2.85%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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