KRING A/S

KRING A/S (CVR number: 29921571) is a company from KØBENHAVN. The company recorded a gross profit of 8546.1 kDKK in 2023. The operating profit was -1344.6 kDKK, while net earnings were -1547.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.7 %, which can be considered poor and Return on Equity (ROE) was -29.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KRING A/S's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.