Damgaard Biler ApS — Credit Rating and Financial Key Figures

Damgaard Biler ApS (CVR number: 37837296) is a company from HOLBÆK. The company recorded a gross profit of 2765.4 kDKK in 2023. The operating profit was 2228 kDKK, while net earnings were 1739.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. Damgaard Biler ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.