Daugaard Auto IVS — Credit Rating and Financial Key Figures

Daugaard Auto IVS (CVR number: 36071680) is a company from VEJEN. The company recorded a gross profit of 3.6 kDKK in 2018. The operating profit was -9.4 kDKK, while net earnings were -8.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -27.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Daugaard Auto IVS's liquidity measured by quick ratio was 2.1 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.