DOUBLESCULLER ApS — Credit Rating and Financial Key Figures

CVR number: 35043381
Havnegade 29, 5000 Odense C
jba@doublesculler.dk
tel: 50808057

Credit rating

Company information

Official name
DOUBLESCULLER ApS
Personnel
4 persons
Established
2013
Company form
Private limited company
Industry

About DOUBLESCULLER ApS

DOUBLESCULLER ApS (CVR number: 35043381) is a company from ODENSE. The company recorded a gross profit of 7067.4 kDKK in 2023. The operating profit was 262.2 kDKK, while net earnings were 418.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. DOUBLESCULLER ApS's liquidity measured by quick ratio was 2.6 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 profit1 900.001 533.001 331.003 596.007 067.43
EBIT200.00-51.008.001 033.00262.22
Net earnings147.00-6.00-59.00821.00418.72
Shareholders equity total978.00872.00813.001 634.001 853.33
Balance sheet total (assets)1 323.001 227.001 172.002 639.003 216.03
Net debt- 369.00- 205.00- 331.00-1 159.00-2 782.76
Profitability
EBIT-%
ROA15.6 %-0.4 %3.7 %56.8 %19.8 %
ROE15.0 %-0.6 %-7.0 %67.1 %24.0 %
ROI20.4 %-0.5 %4.7 %85.0 %33.2 %
Economic value added (EVA)122.54-81.30-22.06786.51178.81
Solvency
Equity ratio73.9 %71.1 %69.4 %65.2 %57.6 %
Gearing11.5 %12.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.83.43.23.02.6
Current ratio3.83.43.22.62.6
Cash and cash equivalents369.00305.00431.001 159.002 782.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.8%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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