DANSK KVARTS INDUSTRI A/S — Credit Rating and Financial Key Figures

DANSK KVARTS INDUSTRI A/S (CVR number: 17475800) is a company from HORSENS. The company recorded a gross profit of 25.6 mDKK in 2023. The operating profit was 7356.2 kDKK, while net earnings were 5577.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent and Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. DANSK KVARTS INDUSTRI 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.