DANIA PLAST A/S — Credit Rating and Financial Key Figures

DANIA PLAST A/S (CVR number: 14324836) is a company from SKIVE. The company recorded a gross profit of 41.8 mDKK in 2023. The operating profit was 10.6 mDKK, while net earnings were 6921.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 56.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. DANIA PLAST A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.