Danish Renewables Consulting ApS — Credit Rating and Financial Key Figures

Danish Renewables Consulting ApS (CVR number: 38628127) is a company from VEJLE. The company recorded a gross profit of 802.9 kDKK in 2022. The operating profit was 117.6 kDKK, while net earnings were 86.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 46.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Danish Renewables Consulting ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.