DANOTHERM ELECTRIC A/S

DANOTHERM ELECTRIC A/S (CVR number: 10126061) is a company from Høje-Taastrup. The company recorded a gross profit of 52 mDKK in 2023. The operating profit was 9387.8 kDKK, while net earnings were 7724.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. DANOTHERM ELECTRIC A/S'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.