Designers Company A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Designers Company A/S
Designers Company A/S (CVR number: 39373599) is a company from KØBENHAVN. The company recorded a gross profit of -5549 kDKK in 2023. The operating profit was -5549 kDKK, while net earnings were -21.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.8 %, 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. Designers Company A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 493.14 | - 127.31 | - 353.68 | -6 301.00 | -5 549.00 |
EBIT | - 493.14 | - 127.31 | - 353.68 | -6 301.00 | -5 549.00 |
Net earnings | -15 448.28 | -19 924.82 | 8 226.66 | 25 858.00 | -21 339.00 |
Shareholders equity total | 187 138.11 | 168 639.94 | 181 517.34 | 258 082.00 | 236 743.00 |
Balance sheet total (assets) | 289 297.67 | 271 981.66 | 378 623.39 | 585 317.00 | 567 009.00 |
Net debt | 69 712.09 | 70 734.90 | 159 279.99 | 320 598.00 | 329 535.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.5 % | -6.3 % | 3.6 % | 8.2 % | -0.2 % |
ROE | -9.0 % | -11.2 % | 4.7 % | 11.8 % | -8.6 % |
ROI | -3.5 % | -6.3 % | 3.6 % | 8.2 % | -0.2 % |
Economic value added (EVA) | 6 878.22 | 2 138.40 | 1 371.99 | -2 243.11 | 4 305.56 |
Solvency | |||||
Equity ratio | 64.7 % | 62.0 % | 47.9 % | 43.0 % | 41.8 % |
Gearing | 37.4 % | 41.9 % | 87.8 % | 124.2 % | 139.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 1.0 | 0.4 | 1.9 | 1.6 |
Current ratio | 0.2 | 1.0 | 0.4 | 1.9 | 1.6 |
Cash and cash equivalents | 293.39 | 178.18 | 29.00 | 24.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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