CARGOKID ApS — Credit Rating and Financial Key Figures

CARGOKID ApS (CVR number: 36024984) is a company from Brønderslev. The company recorded a gross profit of 6948.7 kDKK in 2023. The operating profit was 3424.5 kDKK, while net earnings were 2430.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78 %, 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. CARGOKID ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.