DESRES SUB DENMARK ApS

CVR number: 41495642
H.C. Andersens Boulevard 38, 1553 København V

Credit rating

Company information

Official name
DESRES SUB DENMARK ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon72Scientific research and development

About the company

DESRES SUB DENMARK ApS (CVR number: 41495642) is a company from KØBENHAVN. The company recorded a gross profit of 18.2 mDKK in 2023. The operating profit was 1714.6 kDKK, while net earnings were -572.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was -21.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DESRES SUB DENMARK ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit2 051.934 583.8535 947.9718 187.04
EBIT194.27450.953 277.311 714.62
Net earnings177.86205.822 528.72- 572.68
Shareholders equity total222.58428.402 957.122 384.44
Balance sheet total (assets)692.87709.6417 911.6719 830.59
Net debt-45.80-45.79-1 094.85-14 986.64
Profitability
EBIT-%
ROA32.9 %64.3 %35.2 %9.1 %
ROE79.9 %63.2 %149.4 %-21.4 %
ROI102.4 %138.5 %193.6 %64.2 %
Economic value added (EVA)151.54342.062 535.441 123.80
Solvency
Equity ratio32.1 %60.4 %16.5 %12.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.52.51.21.1
Current ratio1.52.51.21.1
Cash and cash equivalents45.8045.791 094.8514 986.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:9.09%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.0%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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