DANOVATION ApS — Credit Rating and Financial Key Figures

DANOVATION ApS (CVR number: 26110378) is a company from SILKEBORG. The company recorded a gross profit of 1230.3 kDKK in 2023. The operating profit was -198.9 kDKK, while net earnings were -182.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -18.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANOVATION ApS's liquidity measured by quick ratio was 6.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.