Danish Design Group Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41034459
Dalbrinken 21, 6900 Skjern

Company information

Official name
Danish Design Group Holding ApS
Established
2019
Company form
Private limited company
Industry

About Danish Design Group Holding ApS

Danish Design Group Holding ApS (CVR number: 41034459) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 838.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Danish Design Group Holding ApS's liquidity measured by quick ratio was 107.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.78-0.18
EBIT-1.78-0.18
Net earnings285.97905.10733.68838.70
Shareholders equity total325.971 231.071 880.082 631.58
Balance sheet total (assets)344.591 238.171 881.862 647.75
Net debt1.781.781.781.78
Profitability
EBIT-%
ROA83.0 %114.4 %47.1 %37.0 %
ROE87.7 %116.3 %47.2 %37.2 %
ROI87.3 %116.0 %47.1 %37.2 %
Economic value added (EVA)-1.7814.3731.92-17.36
Solvency
Equity ratio94.6 %99.4 %99.9 %99.4 %
Gearing0.5 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.940.2614.2107.7
Current ratio0.940.2614.2107.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:37.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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