DANELEC ELECTRONICS A/S

DANELEC ELECTRONICS A/S (CVR number: 18630877K) is a company from FURESØ. The company reported a net sales of 330.3 mDKK in 2023, demonstrating a growth of 10.8 % compared to the previous year. The operating profit percentage was at 10.6 % (EBIT: 35.2 mDKK), while net earnings were 17.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. DANELEC ELECTRONICS A/S's liquidity measured by quick ratio was 1.2 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.