K. L. KRISTENSEN A/S — Credit Rating and Financial Key Figures

K. L. KRISTENSEN A/S (CVR number: 24893316) is a company from VARDE. The company recorded a gross profit of -12.1 kDKK in 2019. The operating profit was -12.1 kDKK, while net earnings were -10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -24.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. K. L. KRISTENSEN A/S's liquidity measured by quick ratio was 4.1 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.