DANISH BAKE A/S — Credit Rating and Financial Key Figures

DANISH BAKE A/S (CVR number: 30530470K) is a company from KØBENHAVN. The company reported a net sales of 552.4 mDKK in 2015, demonstrating a growth of 15.6 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 41 mDKK), while net earnings were 23.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANISH BAKE A/S's liquidity measured by quick ratio was 0.2 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.