Kurrent ApS — Credit Rating and Financial Key Figures

Kurrent ApS (CVR number: 38659529) is a company from GLADSAXE. The company reported a net sales of 0.7 mDKK in 2021, demonstrating a growth of 26.9 % compared to the previous year. The operating profit percentage was poor at -3.8 % (EBIT: -0 mDKK), while net earnings were -28.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -24.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.8 %, 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. Kurrent ApS'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.