Kitron A/S — Credit Rating and Financial Key Figures

Kitron A/S (CVR number: 21662534) is a company from HORSENS. The company reported a net sales of 695.5 mDKK in 2023, demonstrating a decline of -40.8 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 37.5 mDKK), while net earnings were 31.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Kitron A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.