DanSolar International ApS — Credit Rating and Financial Key Figures

DanSolar International ApS (CVR number: 42705918) is a company from AARHUS. The company recorded a gross profit of 3175.6 kDKK in 2023. The operating profit was 1903.7 kDKK, while net earnings were 1083.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 128.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. DanSolar International ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.