N.G. Kring ApS — Credit Rating and Financial Key Figures

N.G. Kring ApS (CVR number: 41260343) is a company from AARHUS. The company recorded a gross profit of 51.1 kDKK in 2023. The operating profit was 51.1 kDKK, while net earnings were 39.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -47.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. N.G. Kring ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.