DEVISE SCANDINAVIA ApS — Credit Rating and Financial Key Figures

CVR number: 26337585
Egebjergvej 202, 8700 Horsens
info@devise.dk
tel: 40354678

Credit rating

Company information

Official name
DEVISE SCANDINAVIA ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

About DEVISE SCANDINAVIA ApS

DEVISE SCANDINAVIA ApS (CVR number: 26337585) is a company from HORSENS. The company recorded a gross profit of 607.3 kDKK in 2021. The operating profit was 499.5 kDKK, while net earnings were 384 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.7 %, which can be considered excellent and Return on Equity (ROE) was 63 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DEVISE SCANDINAVIA ApS's liquidity measured by quick ratio was 5 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit872.501 503.69325.05368.07607.34
EBIT413.391 065.35- 251.06184.08499.54
Net earnings335.45827.50- 210.04148.69384.02
Shareholders equity total1 250.991 678.481 068.44417.13801.15
Balance sheet total (assets)1 465.811 923.541 299.21549.99995.37
Net debt- 184.91- 778.83-8.03- 144.86- 714.96
Profitability
EBIT-%
ROA27.2 %63.4 %-15.2 %19.9 %64.7 %
ROE29.6 %56.5 %-15.3 %20.0 %63.0 %
ROI31.7 %73.1 %-17.2 %23.2 %81.8 %
Economic value added (EVA)269.98769.26- 253.63101.98373.26
Solvency
Equity ratio85.3 %87.3 %82.2 %75.8 %80.5 %
Gearing0.1 %0.1 %9.3 %
Relative net indebtedness %
Liquidity
Quick ratio6.57.24.62.85.0
Current ratio6.87.65.33.85.0
Cash and cash equivalents186.65780.94107.42144.86714.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:64.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.5%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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