David K ApS — Credit Rating and Financial Key Figures

David K ApS (CVR number: 29821704) is a company from HORSENS. The company recorded a gross profit of 2619.5 kDKK in 2020. The operating profit was 23.3 kDKK, while net earnings were 20.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. David K ApS's liquidity measured by quick ratio was 1.3 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.