DANICA CORPORATION HOLDING A/S — Credit Rating and Financial Key Figures

DANICA CORPORATION HOLDING A/S (CVR number: 31764386K) is a company from FREDERIKSSUND. The company reported a net sales of 7.6 mDKK in 2018, demonstrating a growth of 1.3 % compared to the previous year. The operating profit percentage was at 42.1 % (EBIT: 3.2 mDKK), while net earnings were 1530 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANICA CORPORATION HOLDING A/S's liquidity measured by quick ratio was 3.2 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.