DAMO BYG IVS — Credit Rating and Financial Key Figures

DAMO BYG IVS (CVR number: 39581493) is a company from RØDOVRE. The company reported a net sales of 0.1 mDKK in 2018. The operating profit percentage was at 5 % (EBIT: 0 mDKK), while net earnings were 4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 97.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.5 %, 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. DAMO BYG IVS'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.