KORTGÅRDEN ApS

KORTGÅRDEN ApS (CVR number: 28328656) is a company from HERNING. The company recorded a gross profit of 48.8 kDKK in 2023. The operating profit was 35.7 kDKK, while net earnings were 68.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -13.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KORTGÅRDEN ApS's liquidity measured by quick ratio was 0.3 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.