DUO LINE ApS — Credit Rating and Financial Key Figures

DUO LINE ApS (CVR number: 21837571) is a company from VARDE. The company recorded a gross profit of 7965.1 kDKK in 2024. The operating profit was 1605.2 kDKK, while net earnings were 1097.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 34.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.5 %, 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. DUO LINE ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.