DANISH HARDWOOD A/S — Credit Rating and Financial Key Figures

DANISH HARDWOOD A/S (CVR number: 87713911) is a company from SORØ. The company recorded a gross profit of 9134.4 kDKK in 2023. The operating profit was 4648.3 kDKK, while net earnings were 3968.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. DANISH HARDWOOD 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.