DESPEC DENMARK A/S — Credit Rating and Financial Key Figures

DESPEC DENMARK A/S (CVR number: 16279889) is a company from ALLERØD. The company reported a net sales of 77.3 mEUR in 2024, demonstrating a decline of -0.8 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0.9 mEUR), while net earnings were 299 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. DESPEC DENMARK A/S's liquidity measured by quick ratio was 1.6 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.