Kelvin BidCo A/S — Credit Rating and Financial Key Figures

Kelvin BidCo A/S (CVR number: 39631148) is a company from HILLERØD. The company reported a net sales of 11.6 mDKK in 2023, demonstrating a growth of 21.1 % compared to the previous year. The operating profit percentage was poor at -97.4 % (EBIT: -11.3 mDKK), while net earnings were 72.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.4 %, 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. Kelvin BidCo A/S's liquidity measured by quick ratio was 47.7 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.