Danish Fashion Co A/S

CVR number: 38747932
Bremerholm 4, 1069 København K

Credit rating

Company information

Official name
Danish Fashion Co A/S
Personnel
4 persons
Established
2017
Company form
Limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About Danish Fashion Co A/S

Danish Fashion Co A/S (CVR number: 38747932) is a company from KØBENHAVN. The company reported a net sales of 9.7 mDKK in 2023, demonstrating a growth of 23 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0 mDKK), while net earnings were -8908 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Danish Fashion Co A/S's liquidity measured by quick ratio was 0.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales10 334.589 152.3412 297.187 913.009 735.00
Gross profit9 780.868 421.5911 713.153 075.006 313.00
EBIT-4 542.00-1.00
Net earnings39 611.01-2 911.3275 315.0842 534.00-8 908.00
Shareholders equity total439 057.55432 012.66511 730.52556 204.00545 511.00
Balance sheet total (assets)723 376.72733 249.27806 597.45848 963.00847 298.00
Net debt250 424.18251 712.79253 268.92255 611.00248 384.00
Profitability
EBIT-%-57.4 %-0.0 %
ROA8.1 %2.0 %12.1 %7.4 %2.0 %
ROE9.4 %-0.7 %16.0 %8.0 %-1.6 %
ROI8.1 %2.0 %12.3 %7.6 %2.1 %
Economic value added (EVA)2 045.335 542.434 915.055 387.2624 102.79
Solvency
Equity ratio60.7 %58.9 %63.4 %65.5 %64.4 %
Gearing57.1 %58.4 %49.7 %46.1 %45.7 %
Relative net indebtedness %2748.2 %3284.4 %2391.2 %3692.9 %3088.7 %
Liquidity
Quick ratio1.80.52.20.10.3
Current ratio1.80.52.20.10.3
Cash and cash equivalents300.78632.95822.09541.001 106.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %46.6 %-98.3 %97.4 %-2977.4 %-419.7 %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:2.00%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

Companies in the same industry

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