DISCOWAX ApS — Credit Rating and Financial Key Figures

DISCOWAX ApS (CVR number: 28118503) is a company from KØBENHAVN. The company recorded a gross profit of 8861.5 kDKK in 2023. The operating profit was 585.7 kDKK, while net earnings were 366.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22 %, 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. DISCOWAX ApS'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.