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DOUBLESCULLER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DOUBLESCULLER ApS
DOUBLESCULLER ApS (CVR number: 35043381) is a company from ODENSE. The company recorded a gross profit of 4181.9 kDKK in 2024. The operating profit was -380 kDKK, while net earnings were 1006.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.5 %, which can be considered excellent and Return on Equity (ROE) was 44.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. DOUBLESCULLER ApS's liquidity measured by quick ratio was 5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 533.00 | 1 331.00 | 3 596.00 | 7 067.00 | 4 181.93 |
| EBIT | -51.00 | 8.00 | 1 033.00 | 263.00 | - 380.02 |
| Net earnings | -6.00 | -59.00 | 821.00 | 419.00 | 1 006.80 |
| Shareholders equity total | 872.00 | 813.00 | 1 634.00 | 1 854.00 | 2 660.13 |
| Balance sheet total (assets) | 1 227.00 | 1 172.00 | 2 639.00 | 3 216.00 | 3 474.97 |
| Net debt | - 205.00 | - 331.00 | -1 159.00 | -2 783.00 | -2 528.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.4 % | 3.7 % | 56.8 % | 19.8 % | 35.5 % |
| ROE | -0.6 % | -7.0 % | 67.1 % | 24.0 % | 44.6 % |
| ROI | -0.5 % | 4.7 % | 85.0 % | 33.3 % | 51.5 % |
| Economic value added (EVA) | - 100.14 | -42.71 | 759.53 | 120.83 | - 387.10 |
| Solvency | |||||
| Equity ratio | 71.1 % | 69.4 % | 65.2 % | 57.6 % | 76.6 % |
| Gearing | 11.5 % | 12.3 % | 3.8 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.4 | 3.2 | 3.0 | 2.6 | 5.0 |
| Current ratio | 3.4 | 3.2 | 2.6 | 2.6 | 5.0 |
| Cash and cash equivalents | 305.00 | 431.00 | 1 159.00 | 2 783.00 | 2 628.56 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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