DANCO OIL A/S — Credit Rating and Financial Key Figures

DANCO OIL A/S (CVR number: 11426530) is a company from VARDE. The company recorded a gross profit of 1231.4 kDKK in 2024. The operating profit was 251.6 kDKK, while net earnings were 110.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. DANCO OIL A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.