DanishCollections ApS — Credit Rating and Financial Key Figures

DanishCollections ApS (CVR number: 37799947) is a company from AALBORG. The company recorded a gross profit of -12 kDKK in 2018. The operating profit was -12 kDKK, while net earnings were -12 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.6 %, which can be considered poor and Return on Equity (ROE) was -40.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. DanishCollections ApS's liquidity measured by quick ratio was 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.