K og K Drift Aps — Credit Rating and Financial Key Figures

K og K Drift Aps (CVR number: 40408207) is a company from ODDER. The company recorded a gross profit of 657.4 kDKK in 2023. The operating profit was -420.4 kDKK, while net earnings were -422.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -58.5 %, which can be considered poor and Return on Equity (ROE) was -113.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K og K Drift Aps's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.