Danish Oil ApS — Credit Rating and Financial Key Figures

Danish Oil ApS (CVR number: 39985071) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 1423.1 kDKK in 2019. The operating profit was 1423.1 kDKK, while net earnings were 1080.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 95.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Danish Oil ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.