ktb 1970 Holding ApS — Credit Rating and Financial Key Figures

ktb 1970 Holding ApS (CVR number: 31263514) is a company from RANDERS. The company recorded a gross profit of -198.8 kDKK in 2023. The operating profit was -675.7 kDKK, while net earnings were 15.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.7 %, 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. ktb 1970 Holding ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.