Kitaz ApS — Credit Rating and Financial Key Figures

Kitaz ApS (CVR number: 42515574) is a company from KOLDING. The company recorded a gross profit of 3075.9 kDKK in 2022. The operating profit was -303.6 kDKK, while net earnings were -261.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.8 %, which can be considered poor and Return on Equity (ROE) was -32.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kitaz 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.