Kettingparken Ejendomme ApS — Credit Rating and Financial Key Figures

Kettingparken Ejendomme ApS (CVR number: 38512676) is a company from MIDDELFART. The company recorded a gross profit of 4660.2 kDKK in 2023. The operating profit was 8160.2 kDKK, while net earnings were 5843.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Kettingparken Ejendomme ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.