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

DANISH RETAIL STORES II A/S (CVR number: 34485860) is a company from KOLDING. The company recorded a gross profit of 2216.5 kDKK in 2019. The operating profit was 5.6 kDKK, while net earnings were -583.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. DANISH RETAIL STORES II A/S's liquidity measured by quick ratio was 3.3 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.