DANISH AUDIO CONNECT ApS

DANISH AUDIO CONNECT ApS (CVR number: 18943182) is a company from VEJLE. The company recorded a gross profit of -3.7 kDKK in 2023. The operating profit was -3.7 kDKK, while net earnings were 42.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANISH AUDIO CONNECT ApS's liquidity measured by quick ratio was 12 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.