DANX Holding I ApS — Credit Rating and Financial Key Figures

DANX Holding I ApS (CVR number: 39556677K) is a company from ISHØJ. The company reported a net sales of 603.1 mDKK in 2019, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 5.3 mDKK), while net earnings were -2941 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. DANX Holding I ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.