DANISH CANDLE MACHINERY ApS — Credit Rating and Financial Key Figures

DANISH CANDLE MACHINERY ApS (CVR number: 19970337) is a company from HERNING. The company recorded a gross profit of 847.2 kDKK in 2024. The operating profit was 336.1 kDKK, while net earnings were 261.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.6 %, which can be considered excellent and Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANISH CANDLE MACHINERY ApS's liquidity measured by quick ratio was 6.8 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.