DANA ELECTRIC ÅRHUS A/S — Credit Rating and Financial Key Figures

DANA ELECTRIC ÅRHUS A/S (CVR number: 46387511) is a company from AARHUS. The company recorded a gross profit of 7124.4 kDKK in 2022. The operating profit was 1137.6 kDKK, while net earnings were 656.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 38 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANA ELECTRIC ÅRHUS A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.