KUNDE & CO. GROUP A/S — Credit Rating and Financial Key Figures

KUNDE & CO. GROUP A/S (CVR number: 20615001K) is a company from KØBENHAVN. The company reported a net sales of 253.8 mDKK in 2023, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 16.3 mDKK), while net earnings were 13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 53.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. KUNDE & CO. GROUP A/S's liquidity measured by quick ratio was 2.3 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.