DANTRACE-DANFEED IVS

DANTRACE-DANFEED IVS (CVR number: 36484330) is a company from HJØRRING. The company recorded a gross profit of 17.2 kDKK in 2018. The operating profit was 17.2 kDKK, while net earnings were 0.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANTRACE-DANFEED IVS's liquidity measured by quick ratio was 2.8 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.