Dansk Følgebiler Transport IVS — Credit Rating and Financial Key Figures

Dansk Følgebiler Transport IVS (CVR number: 37203815) is a company from VARDE. The company recorded a gross profit of 558.5 kDKK in 2016. The operating profit was 182.9 kDKK, while net earnings were 132.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.9 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.2 %, 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. Dansk Følgebiler Transport IVS'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.