DANVARME VENTILATION OG MASKINFABRIK A/S — Credit Rating and Financial Key Figures

DANVARME VENTILATION OG MASKINFABRIK A/S (CVR number: 30691237) is a company from SKIVE. The company recorded a gross profit of 7579.5 kDKK in 2023. The operating profit was 460.6 kDKK, while net earnings were 180.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. DANVARME VENTILATION OG MASKINFABRIK A/S'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.