Kunst & Rammedesign ApS — Credit Rating and Financial Key Figures

Kunst & Rammedesign ApS (CVR number: 40814272) is a company from KØGE. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 54.8 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 0 mDKK), while net earnings were 19.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kunst & Rammedesign 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.