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Design-Smeden A/S — Credit Rating and Financial Key Figures

CVR number: 39569566
Tastumvej 46 B, Tastum 7850 Stoholm Jyll
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Credit rating

Company information

Official name
Design-Smeden A/S
Personnel
2 persons
Established
2018
Domicile
Tastum
Company form
Limited company
Industry

About Design-Smeden A/S

Design-Smeden A/S (CVR number: 39569566) is a company from VIBORG. The company recorded a gross profit of 5345.8 kDKK in 2024. The operating profit was 2545.3 kDKK, while net earnings were 1897.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.6 %, which can be considered excellent and Return on Equity (ROE) was 59.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Design-Smeden A/S's liquidity measured by quick ratio was 3.3 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
2024
Volume
Net sales
Gross profit4 087.604 591.365 897.345 138.195 345.80
EBIT1 986.482 253.493 368.512 490.122 545.32
Net earnings1 641.921 428.152 703.281 931.811 897.60
Shareholders equity total4 919.385 347.531 831.142 762.963 660.55
Balance sheet total (assets)9 261.257 009.415 893.285 594.525 904.34
Net debt-2 697.92-5 773.18-2 744.34-2 608.79-3 514.79
Profitability
EBIT-%
ROA25.2 %30.0 %54.6 %43.4 %44.6 %
ROE35.7 %27.8 %75.3 %84.1 %59.1 %
ROI43.4 %42.1 %84.8 %85.5 %68.9 %
Economic value added (EVA)1 333.121 484.002 358.671 847.221 731.65
Solvency
Equity ratio53.1 %76.3 %31.1 %49.4 %62.0 %
Gearing9.9 %13.6 %10.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.25.11.61.93.3
Current ratio2.25.11.61.93.3
Cash and cash equivalents3 185.825 773.182 744.342 984.743 885.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:44.6%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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