DANISH TURBINE ApS — Credit Rating and Financial Key Figures

DANISH TURBINE ApS (CVR number: 29686556) is a company from HOLBÆK. The company recorded a gross profit of 782.2 kDKK in 2023. The operating profit was 776.4 kDKK, while net earnings were 672.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.3 %, which can be considered excellent and Return on Equity (ROE) was 65.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANISH TURBINE ApS's liquidity measured by quick ratio was 2.9 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.