KNUDSGAARD HOLDING ApS — Credit Rating and Financial Key Figures

KNUDSGAARD HOLDING ApS (CVR number: 26470420K) is a company from SKIVE. The company reported a net sales of 246.1 mDKK in 2023, demonstrating a decline of -13.6 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 15.7 mDKK), while net earnings were 7162 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.8 %, 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. KNUDSGAARD HOLDING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.