KIESEL SCANDINAVIA A/S — Credit Rating and Financial Key Figures

KIESEL SCANDINAVIA A/S (CVR number: 26440394) is a company from KOLDING. The company recorded a gross profit of 2444.4 kDKK in 2023. The operating profit was -2035.7 kDKK, while net earnings were -1095.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. KIESEL SCANDINAVIA A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.