DenCoat International ApS — Credit Rating and Financial Key Figures

DenCoat International ApS (CVR number: 43018353) is a company from MIDDELFART. The company recorded a gross profit of 908.7 kDKK in 2022. The operating profit was 283 kDKK, while net earnings were 264.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.4 %, which can be considered excellent and Return on Equity (ROE) was 86.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. DenCoat International ApS's liquidity measured by quick ratio was 1.2 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.