Danish Furniture ApS — Credit Rating and Financial Key Figures

Danish Furniture ApS (CVR number: 43061372) is a company from FREDERICIA. The company recorded a gross profit of -5.1 kDKK in 2023. The operating profit was -44.1 kDKK, while net earnings were -55.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.1 %, which can be considered poor and Return on Equity (ROE) was -40.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Danish Furniture ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.