DENHEAT ApS — Credit Rating and Financial Key Figures

DENHEAT ApS (CVR number: 26247519) is a company from HORSENS. The company recorded a gross profit of 1104.4 kDKK in 2023. The operating profit was 962.4 kDKK, while net earnings were -1950.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 185.9 %, which can be considered excellent but Return on Equity (ROE) was -146.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DENHEAT ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.