DOCAS SYSTEMS A/S — Credit Rating and Financial Key Figures

DOCAS SYSTEMS A/S (CVR number: 32081339) is a company from AARHUS. The company recorded a gross profit of 1213.1 kDKK in 2020. The operating profit was 665.1 kDKK, while net earnings were 548.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.2 %, which can be considered excellent and Return on Equity (ROE) was 132.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -86 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DOCAS SYSTEMS A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.