DANIA FURNITURE ApS

DANIA FURNITURE ApS (CVR number: 32091563) is a company from KOLDING. The company reported a net sales of 2.1 mDKK in 2023, demonstrating a growth of 17.8 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 0 mDKK), while net earnings were 12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.9 %, 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. DANIA FURNITURE ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.