M. KRING HOLDING ApS — Credit Rating and Financial Key Figures

M. KRING HOLDING ApS (CVR number: 10072522) is a company from KØBENHAVN. The company recorded a gross profit of -27.6 kDKK in 2023. The operating profit was -27.6 kDKK, while net earnings were 47.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. M. KRING HOLDING ApS's liquidity measured by quick ratio was 2.7 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.