KPI OceanConnect A/S — Credit Rating and Financial Key Figures

KPI OceanConnect A/S (CVR number: 31370183) is a company from MIDDELFART. The company reported a net sales of 335.3 mUSD in 2023, demonstrating a decline of -32.4 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0.6 mUSD), while net earnings were 494 kUSD. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. KPI OceanConnect A/S'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.