Denmark Duet ApS — Credit Rating and Financial Key Figures

CVR number: 42984922
Klosterstræde 9, 1157 København K

Company information

Official name
Denmark Duet ApS
Established
2022
Company form
Private limited company
Industry

About Denmark Duet ApS

Denmark Duet ApS (CVR number: 42984922) is a company from KØBENHAVN. The company recorded a gross profit of 6311.4 kDKK in 2024. The operating profit was 15.9 mDKK, while net earnings were 5114.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Denmark Duet ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit- 239.925 964.396 311.36
EBIT- 239.9224 024.8715 912.34
Net earnings-25 119.8910 641.225 114.12
Shareholders equity total-3 800.1614 282.4229 193.05
Balance sheet total (assets)39 059.81132 130.86141 417.35
Net debt42 719.21112 077.99101 617.98
Profitability
EBIT-%
ROA-55.7 %29.6 %11.8 %
ROE-64.3 %39.9 %23.5 %
ROI-55.8 %30.0 %12.0 %
Economic value added (EVA)- 216.4614 787.043 246.64
Solvency
Equity ratio-8.9 %10.8 %20.6 %
Gearing-1125.0 %809.0 %359.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.5
Current ratio0.30.30.5
Cash and cash equivalents31.023 460.433 448.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.6%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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