DANISH CHRISTMAS TREES A/S

DANISH CHRISTMAS TREES A/S (CVR number: 30566815) is a company from SORØ. The company recorded a gross profit of 1913.6 kDKK in 2023. The operating profit was 1156 kDKK, while net earnings were 886.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 36.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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 CHRISTMAS TREES A/S's liquidity measured by quick ratio was 1.3 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.