DOUBLE DIAMOND GROUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32946364
Nyager 4, 2605 Brøndby

Company information

Official name
DOUBLE DIAMOND GROUP HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About DOUBLE DIAMOND GROUP HOLDING ApS

DOUBLE DIAMOND GROUP HOLDING ApS (CVR number: 32946364) is a company from BRØNDBY. The company reported a net sales of 2.7 mDKK in 2023, demonstrating a growth of 72.1 % compared to the previous year. The operating profit percentage was at 99.5 % (EBIT: 2.7 mDKK), while net earnings were 2730.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 20.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DOUBLE DIAMOND GROUP HOLDING ApS's liquidity measured by quick ratio was 1.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 836.541 977.521 594.962 745.27
Gross profit2 807.571 966.371 583.212 732.02
EBIT2 807.571 966.611 583.212 732.02
Net earnings3 018.031 944.181 550.642 730.28
Shareholders equity total2 450.318 324.8810 269.0611 819.7014 436.97
Balance sheet total (assets)5 805.8912 205.4714 159.7516 500.4017 758.29
Net debt3 339.793 854.413 826.803 994.873 145.48
Profitability
EBIT-%99.0 %99.4 %99.3 %99.5 %
ROA31.2 %14.9 %10.3 %15.9 %
ROE56.0 %20.9 %14.0 %20.8 %
ROI31.2 %15.0 %10.5 %16.3 %
Economic value added (EVA)-97.882 902.231 962.291 848.293 081.37
Solvency
Equity ratio42.2 %68.2 %72.5 %71.6 %81.3 %
Gearing136.9 %46.3 %37.5 %34.7 %21.8 %
Relative net indebtedness %136.8 %195.3 %286.5 %120.8 %
Liquidity
Quick ratio1.71.61.61.51.7
Current ratio1.71.61.61.51.7
Cash and cash equivalents15.801.1728.79110.724.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %88.2 %124.8 %152.0 %83.6 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:15.9%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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