Summary

Design Tool Inc.

Founded in 1988

Description

Design Tool, Inc. Industry Leader in Manufacturing of Automated Screwdriver Systems and Screw Feeder Systems for Assembly Applications in all industrial automation factories.

Strengths

  • Design Tool Inc. has a strong market share in their industry
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Design Tool Inc. was founded, the company has grown faster than the industry average
  • Employees are staying with the company and less likely to churn compared to the rest of the industry

Weaknesses

  • Revenue generated per employee is less than the industry average
  • Web traffic rankings are worse than the industry average

Annual Revenue

Design Tool Inc.'s annual revenue

$4514000

Based on Kona Equity data

  • Revenue per employee

    $322429

  • Variance of revenue growth

    0.17

  • Annual revenue growth since founding

    $125388

  • Revenue growth rate from first known quarter to current

    -70.1%

Employee Count

14 employees

  • Employee growth rate from first known quarter to current

    -69.6%

  • Current employees on Linkedin

    10

  • Churned employees

    4

  • Churn rate percentage

    40.0%

Executives

Vic Glenn

President and Majority Stockholder

v**@designtoolinc.com

Kevin Buckner

Vice President, Operations

k**@designtoolinc.com

Holly Murdock

Customer Service Manager

h**@designtoolinc.com

Joshua Winzek

Design Engineer

j**@designtoolinc.com

Sandeep Maurya

Interior Designers

s**@designtoolinc.com

Wayne Oram

President

w**@designtoolinc.com

Taylor Hines

Vice President, Sales

t**@designtoolinc.com

Dave Carlson

Toolmaker

d**@designtoolinc.com

G Score - 6

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.
  • G8 LinkedIn Churn is lower than the industry average.

Web Analysis

  • Rank

    7.8 M

  • Page views per visitor

    1.0

Location

1607 Norfolk Pl. SW 
Conover, NC  28613

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Key Information

  • SIC: 35
  • NAICS: 333249; 3332
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Design Tool Inc..

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Frequently Asked Questions

Where is Design Tool Inc. located?

Design Tool Inc.'s headquarters are located at 1607 Norfolk Pl. SW  Conover, NC  28613.


What is Design Tool Inc.'s official website?

Design Tool Inc.'s official website is designtoolinc.com


What is Design Tool Inc.'s revenue?

Design Tool Inc.'s annual revenue is $4.5 M.


What is Design Tool Inc.'s SIC code?

Design Tool Inc.'s SIC: 35


What is Design Tool Inc.'s NAICS code?

Design Tool Inc.'s NAICS: 333249; 3332.


How many employees does Design Tool Inc.'s have?

Design Tool Inc. has 14 employees


What industry does Design Tool Inc. belong to?

Design Tool Inc. is in the industry of Computer software.

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