MIA & KENN RIEL HOLDING ApS — Credit Rating and Financial Key Figures

MIA & KENN RIEL HOLDING ApS (CVR number: 34599009) is a company from KØGE. The company recorded a gross profit of -13.2 kDKK in 2023. The operating profit was -13.2 kDKK, while net earnings were 1062.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.9 %, which can be considered excellent and Return on Equity (ROE) was 82.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIA & KENN RIEL HOLDING ApS's liquidity measured by quick ratio was 0.4 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.