Danmarksgade, Ikast A/S

Danmarksgade, Ikast A/S (CVR number: 42455296) is a company from IKAST-BRANDE. The company recorded a gross profit of 227.6 kDKK in 2023. The operating profit was 227.6 kDKK, while net earnings were 193.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Danmarksgade, Ikast A/S's liquidity measured by quick ratio was 2.4 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.