DANISH BOARD OF DISTRICT HEATING — Credit Rating and Financial Key Figures

DANISH BOARD OF DISTRICT HEATING (CVR number: 85175912) is a company from FREDERIKSBERG. The company recorded a gross profit of 2997.2 kDKK in 2016. The operating profit was 24.4 kDKK, while net earnings were 62 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 55 %, 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. DANISH BOARD OF DISTRICT HEATING's liquidity measured by quick ratio was 2.2 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.