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DANISH CANDLE MACHINERY ApS — Credit Rating and Financial Key Figures

CVR number: 19970337
Gedhusvej 6, Simmelkær 7451 Sunds
tel: 97948177
Free credit report Annual report

Credit rating

Company information

Official name
DANISH CANDLE MACHINERY ApS
Personnel
1 person
Established
1997
Domicile
Simmelkær
Company form
Private limited company
Industry

About DANISH CANDLE MACHINERY ApS

DANISH CANDLE MACHINERY ApS (CVR number: 19970337) is a company from HERNING. The company recorded a gross profit of 662.5 kDKK in 2025. The operating profit was 178.1 kDKK, while net earnings were 137.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.3 %, 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 12.9 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit785.43895.82905.48847.17662.49
EBIT309.18373.78324.15336.12178.12
Net earnings243.23273.74250.65261.56137.25
Shareholders equity total1 137.231 010.971 091.621 153.171 090.42
Balance sheet total (assets)1 413.251 174.051 349.801 329.041 180.76
Net debt- 178.75- 441.32- 335.00- 433.80- 370.40
Profitability
EBIT-%
ROA21.8 %29.1 %25.9 %25.6 %14.4 %
ROE21.3 %25.5 %23.8 %23.3 %12.2 %
ROI27.4 %35.0 %31.1 %30.6 %16.2 %
Economic value added (EVA)183.08223.99201.87207.0580.86
Solvency
Equity ratio80.5 %86.1 %80.9 %86.8 %92.3 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.78.64.56.812.9
Current ratio5.211.45.99.820.1
Cash and cash equivalents180.82441.32335.00433.80370.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.3%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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