Danish Favorites ApS

CVR number: 40596658
Dusager 2, 8200 Aarhus N
info@danishfavorites.dk
www.designersfavorites.dk

Credit rating

Company information

Official name
Danish Favorites ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Danish Favorites ApS

Danish Favorites ApS (CVR number: 40596658) is a company from AARHUS. The company recorded a gross profit of 166.1 kDKK in 2023. The operating profit was 161.9 kDKK, while net earnings were 120.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.8 %, which can be considered excellent and Return on Equity (ROE) was 48.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Danish Favorites ApS's liquidity measured by quick ratio was 0.2 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
20192020202120222023
Volume
Net sales
Gross profit16.22117.311 087.29179.33166.15
EBIT1.163.45200.92179.33161.93
Net earnings0.862.94154.66139.03120.54
Shareholders equity total50.8653.80208.46289.90210.44
Balance sheet total (assets)1 106.331 098.52409.35375.52460.38
Net debt890.41883.82- 192.63- 110.54151.82
Profitability
EBIT-%
ROA0.1 %0.4 %26.7 %45.7 %38.8 %
ROE1.7 %5.6 %117.9 %55.8 %48.2 %
ROI0.1 %0.4 %30.6 %60.8 %48.6 %
Economic value added (EVA)1.167.04157.90143.72114.40
Solvency
Equity ratio4.6 %4.9 %50.9 %77.2 %45.7 %
Gearing1966.3 %1764.1 %44.3 %78.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.11.51.60.2
Current ratio0.70.72.04.41.8
Cash and cash equivalents109.5965.17285.03110.5412.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:38.8%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.7%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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