KØRSCHEN METAL A/S — Credit Rating and Financial Key Figures

KØRSCHEN METAL A/S (CVR number: 28862989) is a company from LEMVIG. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was 3921 kDKK, while net earnings were 1913.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. KØRSCHEN METAL A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.