Danish Design Group ApS

CVR number: 41050144
Dalbrinken 21, 6900 Skjern

Credit rating

Company information

Official name
Danish Design Group ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Danish Design Group ApS

Danish Design Group ApS (CVR number: 41050144) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 838.2 kDKK in 2023. The operating profit was 493.2 kDKK, while net earnings were 838.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.4 %, which can be considered excellent and Return on Equity (ROE) was 99.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. Danish Design Group ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit370.031 230.791 063.32838.25
EBIT370.031 162.01974.41493.17
Net earnings287.75905.39734.17838.82
Shareholders equity total327.75953.14787.31906.13
Balance sheet total (assets)519.201 300.381 966.322 728.81
Net debt-8.90261.49- 701.84- 974.12
Profitability
EBIT-%
ROA71.3 %127.7 %80.3 %52.4 %
ROE87.8 %141.4 %84.4 %99.1 %
ROI107.4 %147.1 %85.0 %55.0 %
Economic value added (EVA)288.09891.20713.18433.87
Solvency
Equity ratio72.0 %73.3 %40.0 %33.4 %
Gearing5.1 %29.6 %135.2 %188.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.13.71.71.5
Current ratio2.73.71.71.5
Cash and cash equivalents25.7420.531 766.322 684.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:52.4%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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