A/S DANISH ENGINEERING & MARINE POWER — Credit Rating and Financial Key Figures

A/S DANISH ENGINEERING & MARINE POWER (CVR number: 82085610) is a company from FREDERIKSHAVN. The company recorded a gross profit of 842.2 kDKK in 2023. The operating profit was 842.2 kDKK, while net earnings were 644.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.7 %, which can be considered excellent and Return on Equity (ROE) was 60.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. A/S DANISH ENGINEERING & MARINE POWER's liquidity measured by quick ratio was 1.3 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.