DANISH RETAIL STORES A/S — Credit Rating and Financial Key Figures

DANISH RETAIL STORES A/S (CVR number: 33747047) is a company from KOLDING. The company recorded a gross profit of 1850.9 kDKK in 2019. The operating profit was 543.6 kDKK, while net earnings were -256.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANISH RETAIL STORES A/S's liquidity measured by quick ratio was 8.9 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.