DANISH ART WEAVING A/S — Credit Rating and Financial Key Figures

DANISH ART WEAVING A/S (CVR number: 54602618) is a company from AALBORG. The company recorded a gross profit of 1748.7 kDKK in 2024. The operating profit was 602.2 kDKK, while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. DANISH ART WEAVING A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.