DESIGNWERK A/S — Credit Rating and Financial Key Figures

CVR number: 27418708
Gl. Skolevej 1, 7400 Herning
info@designwerk.dk
tel: 25113275

Credit rating

Company information

Official name
DESIGNWERK A/S
Personnel
1 person
Established
2003
Company form
Limited company
Industry
  • Expand more icon741200

About DESIGNWERK A/S

DESIGNWERK A/S (CVR number: 27418708) is a company from HERNING. The company recorded a gross profit of 233.5 kDKK in 2023. The operating profit was 20.9 kDKK, while net earnings were 15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DESIGNWERK A/S's liquidity measured by quick ratio was 9.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit521.84393.26365.32251.95233.51
EBIT98.82121.41105.7031.9920.89
Net earnings76.0592.5981.5525.7815.77
Shareholders equity total375.46468.05549.60575.38591.15
Balance sheet total (assets)508.30620.50679.94689.51677.12
Net debt- 208.74- 423.42- 236.90- 421.71- 495.82
Profitability
EBIT-%
ROA18.6 %21.5 %16.6 %5.4 %3.2 %
ROE22.5 %22.0 %16.0 %4.6 %2.7 %
ROI27.9 %27.6 %20.3 %6.3 %3.6 %
Economic value added (EVA)67.9586.0279.858.187.50
Solvency
Equity ratio73.9 %75.4 %80.8 %83.4 %87.3 %
Gearing0.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.43.85.46.59.1
Current ratio3.43.85.46.59.1
Cash and cash equivalents208.74423.42236.90421.71498.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.25%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.3%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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