Design Eyewear Group International A/S

Design Eyewear Group International A/S (CVR number: 13446830) is a company from AARHUS. The company recorded a gross profit of 103 mDKK in 2023. The operating profit was 35.7 mDKK, while net earnings were 32.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 47.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. Design Eyewear Group International A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.