KJØLBY - RESEARCH & DEVELOPMENT ApS — Credit Rating and Financial Key Figures

KJØLBY - RESEARCH & DEVELOPMENT ApS (CVR number: 21585130) is a company from LANGELAND. The company reported a net sales of 2.7 mDKK in 2023, demonstrating a growth of 15.8 % compared to the previous year. The operating profit percentage was at 99.4 % (EBIT: 2.7 mDKK), while net earnings were 2538.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 42.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KJØLBY - RESEARCH & DEVELOPMENT ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.