Danrecover ApS — Credit Rating and Financial Key Figures

Danrecover ApS (CVR number: 37336939) is a company from SKIVE. The company recorded a gross profit of 388.3 kDKK in 2018. The operating profit was 19.3 kDKK, while net earnings were 11.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. Danrecover ApS's liquidity measured by quick ratio was 1.2 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.