DANISH TECHNOLOGY AND EXPORT ApS — Credit Rating and Financial Key Figures

DANISH TECHNOLOGY AND EXPORT ApS (CVR number: 29687684) is a company from IKAST-BRANDE. The company recorded a gross profit of 461.9 kDKK in 2019. The operating profit was -4.9 kDKK, while net earnings were -8.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANISH TECHNOLOGY AND EXPORT ApS's liquidity measured by quick ratio was 1.8 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.