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Danish Upcycling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danish Upcycling ApS
Danish Upcycling ApS (CVR number: 42557978) is a company from REBILD. The company recorded a gross profit of -9.4 kDKK in 2025. The operating profit was -9.4 kDKK, while net earnings were 3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.8 %, 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. Danish Upcycling ApS'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -0.64 | 29.64 | 17.09 | -9.36 |
| EBIT | -0.64 | 29.64 | 17.09 | -9.36 |
| Net earnings | -0.86 | 19.77 | 12.21 | 3.58 |
| Shareholders equity total | 39.14 | 58.91 | 71.12 | 74.71 |
| Balance sheet total (assets) | 51.64 | 84.36 | 142.66 | 152.96 |
| Net debt | -50.78 | -20.48 | -4.85 | -60.18 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -1.2 % | 43.6 % | 15.1 % | 2.4 % |
| ROE | -2.2 % | 40.3 % | 18.8 % | 4.9 % |
| ROI | -1.6 % | 60.5 % | 19.0 % | 2.9 % |
| Economic value added (EVA) | -0.64 | 20.41 | 9.98 | -15.48 |
| Solvency | ||||
| Equity ratio | 75.8 % | 69.8 % | 49.9 % | 48.8 % |
| Gearing | 71.5 % | 72.3 % | ||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 4.1 | 3.3 | 1.5 | 1.5 |
| Current ratio | 4.1 | 3.3 | 2.0 | 2.0 |
| Cash and cash equivalents | 50.78 | 20.48 | 55.72 | 114.21 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | BBB | BB | BBB |
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