Jørgen Knudsen Holding ApS — Credit Rating and Financial Key Figures

Jørgen Knudsen Holding ApS (CVR number: 38064681) is a company from HERNING. The company recorded a gross profit of -3.1 kDKK in 2018. The operating profit was -3.1 kDKK, while net earnings were -4.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.3 %, which can be considered poor and Return on Equity (ROE) was -28 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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. Jørgen Knudsen Holding ApS's liquidity measured by quick ratio was 3.6 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.