KARDEX DANMARK A/S — Credit Rating and Financial Key Figures

KARDEX DANMARK A/S (CVR number: 35859136) is a company from ODENSE. The company recorded a gross profit of 14.2 mDKK in 2023. The operating profit was 6450.2 kDKK, while net earnings were 5122.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 42.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KARDEX DANMARK A/S's liquidity measured by quick ratio was 2.3 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.