Damgaard & Enevoldsen A/S — Credit Rating and Financial Key Figures

Damgaard & Enevoldsen A/S (CVR number: 24257770) is a company from HERNING. The company recorded a gross profit of 6169.6 kDKK in 2023. The operating profit was 5938 kDKK, while net earnings were 5439.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 255.6 %, which can be considered excellent and Return on Equity (ROE) was 473.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. Damgaard & Enevoldsen A/S's liquidity measured by quick ratio was 4.2 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.