DANCENTER A/S — Credit Rating and Financial Key Figures

DANCENTER A/S (CVR number: 67324013K) is a company from KØBENHAVN. The company reported a net sales of 380.6 mDKK in 2018. The operating profit percentage was at 5.2 % (EBIT: 20 mDKK), while net earnings were 9562 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28 %, 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. DANCENTER A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.