DENVISION ApS — Credit Rating and Financial Key Figures

CVR number: 17095773
Fælledvej 17, 7600 Struer
tel: 96100511

Credit rating

Company information

Official name
DENVISION ApS
Personnel
2 persons
Established
1993
Company form
Private limited company
Industry

About DENVISION ApS

DENVISION ApS (CVR number: 17095773) is a company from STRUER. The company recorded a gross profit of 305.1 kDKK in 2023. The operating profit was 119 kDKK, while net earnings were 50.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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. DENVISION ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-80.49554.27576.33544.08305.13
EBIT-87.22479.06439.17418.33118.98
Net earnings71.61402.78283.03241.5550.14
Shareholders equity total816.671 219.451 502.481 744.031 794.17
Balance sheet total (assets)2 498.742 898.863 014.073 038.053 004.12
Net debt1 643.331 486.611 063.45- 122.89101.11
Profitability
EBIT-%
ROA3.7 %17.2 %13.6 %12.3 %3.8 %
ROE9.2 %39.6 %20.8 %14.9 %2.8 %
ROI3.8 %18.0 %15.0 %16.8 %6.1 %
Economic value added (EVA)- 114.53455.90319.01270.0123.73
Solvency
Equity ratio32.7 %42.1 %49.8 %57.4 %59.7 %
Gearing201.2 %121.9 %77.5 %1.1 %9.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.82.12.3
Current ratio1.31.51.82.12.3
Cash and cash equivalents0.05101.16141.9075.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:3.77%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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