FLEMMING SIGGAARD KNUDSEN ApS — Credit Rating and Financial Key Figures

FLEMMING SIGGAARD KNUDSEN ApS (CVR number: 34713634) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 14.6 kDKK in 2023. The operating profit was -428.7 kDKK, while net earnings were 172.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. FLEMMING SIGGAARD KNUDSEN ApS's liquidity measured by quick ratio was 1.4 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.