DAN TECHNOLOGIES A/S — Credit Rating and Financial Key Figures

DAN TECHNOLOGIES A/S (CVR number: 89393515K) is a company from GENTOFTE. The company reported a net sales of 417.6 mDKK in 2023, demonstrating a growth of 19.8 % compared to the previous year. The operating profit percentage was at 8.9 % (EBIT: 37.1 mDKK), while net earnings were 25.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. DAN TECHNOLOGIES A/S's liquidity measured by quick ratio was 1.7 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.