Danish Shops ApS — Credit Rating and Financial Key Figures

Danish Shops ApS (CVR number: 41317876) is a company from ODENSE. The company reported a net sales of 1.1 mDKK in 2020. The operating profit percentage was at 20.5 % (EBIT: 0.2 mDKK), while net earnings were 182 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.3 %, which can be considered excellent and Return on Equity (ROE) was 82 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. Danish Shops ApS's liquidity measured by quick ratio was 1.5 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.