ALMAS KORN A/S — Credit Rating and Financial Key Figures

ALMAS KORN A/S (CVR number: 35388451) is a company from VIBORG. The company recorded a gross profit of 21 mDKK in 2024. The operating profit was 7976.2 kDKK, while net earnings were 5650.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. ALMAS KORN A/S's liquidity measured by quick ratio was 0.1 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.