DANBRIT AKKUMULATOR AALBORG A/S — Credit Rating and Financial Key Figures

DANBRIT AKKUMULATOR AALBORG A/S (CVR number: 81183228) is a company from AALBORG. The company reported a net sales of 379.5 mDKK in 2023, demonstrating a growth of 8.5 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 36.4 mDKK), while net earnings were 24.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 38.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. DANBRIT AKKUMULATOR AALBORG A/S's liquidity measured by quick ratio was 0.4 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.