MALERFIRMAET IB KRISTENSEN & SØN A/S — Credit Rating and Financial Key Figures

MALERFIRMAET IB KRISTENSEN & SØN A/S (CVR number: 21008303) is a company from KOLDING. The company recorded a gross profit of 6538.2 kDKK in 2023. The operating profit was 601.2 kDKK, while net earnings were 262 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. MALERFIRMAET IB KRISTENSEN & SØN A/S's liquidity measured by quick ratio was 1.6 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.