KENNETH SCHMIDT HOLDING ApS — Credit Rating and Financial Key Figures

KENNETH SCHMIDT HOLDING ApS (CVR number: 33388837) is a company from AALBORG. The company recorded a gross profit of 19.5 kDKK in 2023, demonstrating a decline of -45.9 % compared to the previous year. The operating profit was 19.5 kDKK, while net earnings were 10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KENNETH SCHMIDT HOLDING ApS's liquidity measured by quick ratio was 35.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.