KG Drift ApS — Credit Rating and Financial Key Figures

KG Drift ApS (CVR number: 38431943) is a company from GULDBORGSUND. The company recorded a gross profit of 12.1 kDKK in 2023. The operating profit was 12.1 kDKK, while net earnings were 631.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. KG Drift ApS's liquidity measured by quick ratio was 0 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.