DANCONTECH ApS — Credit Rating and Financial Key Figures

DANCONTECH ApS (CVR number: 36048786) is a company from VEJEN. The company reported a net sales of 6.6 mDKK in 2019, demonstrating a decline of -20.1 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 0.1 mDKK), while net earnings were 86.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 32.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.3 %, 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. DANCONTECH ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.