DAN RASMUSSEN VVS ApS — Credit Rating and Financial Key Figures

DAN RASMUSSEN VVS ApS (CVR number: 26615933) is a company from ISHØJ. The company recorded a gross profit of 4687.9 kDKK in 2023. The operating profit was 154.6 kDKK, while net earnings were 141.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 42.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DAN RASMUSSEN VVS ApS's liquidity measured by quick ratio was 1.1 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.