DANIA FOODS ApS — Credit Rating and Financial Key Figures

DANIA FOODS ApS (CVR number: 33384025) is a company from GREVE. The company recorded a gross profit of 668.3 kDKK in 2023, demonstrating a growth of 70.9 % compared to the previous year. The operating profit was 121.9 kDKK, while net earnings were 109.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 35.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.9 %, 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. DANIA FOODS ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.