DANREC INGENIØRFIRMA A/S — Credit Rating and Financial Key Figures

DANREC INGENIØRFIRMA A/S (CVR number: 14097775) is a company from LANGELAND. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 2994.7 % (EBIT: 2.5 mDKK), while net earnings were 2422.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 100 %, which can be considered excellent and Return on Equity (ROE) was 154.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. DANREC INGENIØRFIRMA A/S's liquidity measured by quick ratio was 4 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.