DAN CAKE A/S — Credit Rating and Financial Key Figures

DAN CAKE A/S (CVR number: 75206119K) is a company from VEJLE. The company reported a net sales of 1672.3 mDKK in 2023, demonstrating a growth of 15.7 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 197.3 mDKK), while net earnings were 166.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. DAN CAKE A/S's liquidity measured by quick ratio was 1.5 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.