DANX GROUP A/S — Credit Rating and Financial Key Figures

DANX GROUP A/S (CVR number: 28665210K) is a company from ISHØJ. The company reported a net sales of 603.1 mDKK in 2019, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 20.5 mDKK), while net earnings were 15.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46 %, 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. DANX GROUP A/S'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.