DANÆG HOLDING A/S — Credit Rating and Financial Key Figures

DANÆG HOLDING A/S (CVR number: 35530223) is a company from KOLDING. The company reported a net sales of 37.5 mDKK in 2021. The operating profit percentage was at 72.4 % (EBIT: 27.2 mDKK), while net earnings were 49.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. DANÆG HOLDING A/S's liquidity measured by quick ratio was 0.3 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.