Kinesso Denmark ApS — Credit Rating and Financial Key Figures

Kinesso Denmark ApS (CVR number: 36930039K) is a company from KØBENHAVN. The company reported a net sales of 704.4 mDKK in 2018, demonstrating a growth of 6.2 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 7.3 mDKK), while net earnings were 5777 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. Kinesso Denmark ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.