DENASIA JOINT VENTURE ApS — Credit Rating and Financial Key Figures

DENASIA JOINT VENTURE ApS (CVR number: 27079105) is a company from HERNING. The company recorded a gross profit of 8709.9 kDKK in 2023. The operating profit was 305.7 kDKK, while net earnings were 461.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DENASIA JOINT VENTURE ApS's liquidity measured by quick ratio was 1.3 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.