Credit rating
Company information
About Diamonds of Denmark ApS
Diamonds of Denmark ApS (CVR number: 39888858) is a company from RUDERSDAL. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 735.3 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 0 mDKK), while net earnings were 23.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58 %, which can be considered excellent and Return on Equity (ROE) was 98.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -22.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Diamonds of Denmark ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 32.33 | 76.87 | 111.29 | 929.59 | |
Gross profit | 0.03 | -19.52 | -16.19 | -27.16 | 23.12 |
EBIT | 0.03 | -19.52 | -16.19 | -27.16 | 23.12 |
Net earnings | -0.94 | -19.52 | -16.19 | -32.16 | 23.12 |
Shareholders equity total | 0.06 | 1.18 | -0.18 | 8.17 | -11.19 |
Balance sheet total (assets) | 20.23 | 31.36 | 30.17 | 29.52 | 38.96 |
Net debt | -20.23 | 13.67 | 1.41 | -6.58 | 11.19 |
Profitability | |||||
EBIT-% | -60.4 % | -21.1 % | -24.4 % | 2.5 % | |
ROA | 0.1 % | -75.7 % | -52.5 % | -90.7 % | 58.0 % |
ROE | -1512.9 % | -3143.2 % | -103.3 % | -167.7 % | 98.1 % |
ROI | 46.8 % | -132.1 % | -54.1 % | -90.7 % | 58.0 % |
Economic value added (EVA) | 0.03 | -18.51 | -16.50 | -33.69 | 21.11 |
Solvency | |||||
Equity ratio | 0.3 % | 3.8 % | -0.6 % | 27.7 % | -22.3 % |
Gearing | 2400.1 % | -16768.0 % | 261.3 % | -448.1 % | |
Relative net indebtedness % | 48.0 % | 1.8 % | -5.9 % | 1.2 % | |
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 1.4 | 0.8 |
Current ratio | 1.0 | 1.0 | 1.0 | 1.4 | 0.8 |
Cash and cash equivalents | 20.23 | 14.65 | 28.94 | 27.93 | 38.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.9 | 5.2 | |||
Net working capital % | 3.7 % | -0.2 % | 7.3 % | -1.2 % | |
Credit risk | |||||
Credit rating | B | B | B | B | B |
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