KIGA HOLDING ApS — Credit Rating and Financial Key Figures

KIGA HOLDING ApS (CVR number: 21266388) is a company from SVENDBORG. The company recorded a gross profit of -70.1 kDKK in 2023. The operating profit was -106.1 kDKK, while net earnings were -266.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. KIGA HOLDING ApS's liquidity measured by quick ratio was 1.2 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.