DESIGNIT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DESIGNIT A/S
DESIGNIT A/S (CVR number: 35398910K) is a company from KØBENHAVN. The company reported a net sales of 200.4 mDKK in 2021, demonstrating a growth of 7.5 % compared to the previous year. The operating profit percentage was poor at -27.2 % (EBIT: -54.5 mDKK), while net earnings were -60 mDKK. The profitability of the company measured by Return on Assets (ROA) was -26.1 %, which can be considered poor and Return on Equity (ROE) was -115.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. DESIGNIT A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Volume | ||||
Net sales | 325.09 | 267.27 | 186.44 | 200.38 |
Gross profit | 285.53 | 179.48 | 139.36 | 165.90 |
EBIT | 26.50 | - 118.22 | - 169.87 | -54.55 |
Net earnings | 28.17 | - 121.43 | - 176.72 | -60.02 |
Shareholders equity total | 74.70 | 178.51 | 19.71 | 84.09 |
Balance sheet total (assets) | 180.07 | 379.13 | 188.75 | 176.00 |
Net debt | 28.20 | 95.78 | 82.75 | -8.11 |
Profitability | ||||
EBIT-% | 8.2 % | -44.2 % | -91.1 % | -27.2 % |
ROA | 18.5 % | -40.6 % | -55.9 % | -26.1 % |
ROE | 37.7 % | -95.9 % | -178.3 % | -115.7 % |
ROI | 26.2 % | -49.4 % | -65.3 % | -33.1 % |
Economic value added (EVA) | 26.53 | - 118.46 | - 183.83 | -54.19 |
Solvency | ||||
Equity ratio | 41.5 % | 47.1 % | 10.2 % | 47.6 % |
Gearing | 70.7 % | 61.1 % | 521.3 % | 19.9 % |
Relative net indebtedness % | 24.8 % | 70.1 % | 79.9 % | 33.5 % |
Liquidity | ||||
Quick ratio | 1.5 | 0.9 | 0.5 | 1.4 |
Current ratio | 1.5 | 0.9 | 0.5 | 1.4 |
Cash and cash equivalents | 24.60 | 13.33 | 20.00 | 24.81 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 39.9 | 45.2 | 37.9 | 35.5 |
Net working capital % | 15.0 % | -8.2 % | -34.8 % | 10.6 % |
Credit risk | ||||
Credit rating | AAA | A | BBB | A |
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