DANESIAN AUDIO ApS — Credit Rating and Financial Key Figures

DANESIAN AUDIO ApS (CVR number: 32142613) is a company from HERNING. The company recorded a gross profit of 2529.6 kDKK in 2023. The operating profit was -127.4 kDKK, while net earnings were -99.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38 %, 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. DANESIAN AUDIO ApS's liquidity measured by quick ratio was 2.5 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.