DANCEM ApS — Credit Rating and Financial Key Figures

DANCEM ApS (CVR number: 32565433) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2017. The operating profit was -3297.4 kDKK, while net earnings were -3314.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.8 %, which can be considered poor and Return on Equity (ROE) was -45.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. DANCEM ApS's liquidity measured by quick ratio was 1.7 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.