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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 the company

Danish Favorites ApS (CVR number: 40596658) is a company from AARHUS. The company recorded a gross profit of 179.3 kDKK in 2022. The operating profit was 179.3 kDKK, while net earnings were 139 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.7 %, which can be considered excellent and Return on Equity (ROE) was 55.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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 Favorites ApS's liquidity measured by quick ratio was 1.6 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
2019202020212022
Volume
Net sales
Gross profit16.22117.311 087.29179.33
EBIT1.163.45200.92179.33
Net earnings0.862.94154.66139.03
Shareholders equity total50.8653.80208.46289.90
Balance sheet total (assets)1 106.331 098.52409.35375.52
Net debt890.41883.82- 192.63- 110.54
Profitability
EBIT-%
ROA0.1 %0.4 %26.7 %45.7 %
ROE1.7 %5.6 %117.9 %55.8 %
ROI0.1 %0.4 %30.6 %60.8 %
Economic value added (EVA)1.167.04157.90143.72
Solvency
Equity ratio4.6 %4.9 %50.9 %77.2 %
Gearing1966.3 %1764.1 %44.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.11.51.6
Current ratio0.70.72.04.4
Cash and cash equivalents109.5965.17285.03110.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:45.7%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Equity ratio:77.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%

Companies in the same industry

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