DIESEL DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 11109977
Østergade 12, 1100 København K
hr_nordic@diesel.com
tel: 39271553

Credit rating

Company information

Official name
DIESEL DENMARK ApS
Personnel
12 persons
Established
1987
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About DIESEL DENMARK ApS

DIESEL DENMARK ApS (CVR number: 11109977) is a company from KØBENHAVN. The company recorded a gross profit of 5516.8 kDKK in 2023. The operating profit was 323.2 kDKK, while net earnings were 466.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -13.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DIESEL DENMARK ApS's liquidity measured by quick ratio was 0.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales11 856.7011 423.77
Gross profit10 562.497 398.796 915.666 477.955 516.81
EBIT829.93- 684.59- 633.421 219.08323.25
Net earnings156.16- 382.12-4 938.3555.95466.48
Shareholders equity total1 034.061 116.55-4 061.16-4 923.35-4 410.56
Balance sheet total (assets)44 825.8540 608.7934 443.6428 256.3029 323.99
Net debt33 854.9631 125.0031 056.1627 715.4527 188.38
Profitability
EBIT-%-5.8 %-5.5 %
ROA2.3 %0.7 %-3.3 %3.1 %2.0 %
ROE16.3 %-35.5 %-27.8 %0.2 %1.6 %
ROI2.8 %0.8 %-3.7 %3.4 %2.2 %
Economic value added (EVA)1 692.04-23.55257.921 737.611 195.74
Solvency
Equity ratio2.3 %2.7 %-10.7 %-14.8 %-13.1 %
Gearing3529.2 %3008.3 %-801.4 %-602.4 %-669.4 %
Relative net indebtedness %310.5 %308.7 %
Liquidity
Quick ratio0.50.50.50.40.4
Current ratio0.60.60.50.50.5
Cash and cash equivalents2 639.072 463.811 489.021 940.442 333.71
Capital use efficiency
Trade debtors turnover (days)12.021.1
Net working capital %-138.8 %-156.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.03%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-13.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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