DESIGNIT DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 14650091
Bygmestervej 61, 2400 København NV

Credit rating

Company information

Official name
DESIGNIT DENMARK A/S
Personnel
34 persons
Established
1990
Company form
Limited company
Industry

About DESIGNIT DENMARK A/S

DESIGNIT DENMARK A/S (CVR number: 14650091) is a company from KØBENHAVN. The company recorded a gross profit of 28.8 mDKK in 2023. The operating profit was -22.6 mDKK, while net earnings were -18.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -47.1 %, which can be considered poor and Return on Equity (ROE) was -67.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. DESIGNIT DENMARK A/S's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit39 855.0030 796.0030 386.0019 585.0028 828.00
EBIT-24 924.00-9 674.00-6 209.00-37 600.00-22 620.00
Net earnings-20 398.00-3 601.00-4 740.00-34 197.00-18 305.00
Shareholders equity total70 948.0066 340.0061 429.0028 021.0026 222.00
Balance sheet total (assets)193 748.0079 841.0075 786.0047 646.0039 677.00
Net debt8 302.00-7 440.00
Profitability
EBIT-%
ROA-14.2 %-7.1 %-8.0 %-58.2 %-47.1 %
ROE-25.1 %-5.2 %-7.4 %-76.5 %-67.5 %
ROI-14.8 %-7.1 %-8.0 %-62.4 %-60.9 %
Economic value added (EVA)-29 440.32-13 239.14-9 542.59-37 278.35-19 947.99
Solvency
Equity ratio100.0 %100.0 %100.0 %58.8 %66.1 %
Gearing39.3 %6.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.8
Current ratio2.32.8
Cash and cash equivalents2 702.009 249.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-47.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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