Simon Kynde ApS — Credit Rating and Financial Key Figures

Simon Kynde ApS (CVR number: 38230115) is a company from KØBENHAVN. The company reported a net sales of 0.9 mDKK in 2018, demonstrating a decline of -28 % compared to the previous year. The operating profit percentage was poor at -8.2 % (EBIT: -0.1 mDKK), while net earnings were -87.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.6 %, which can be considered poor and Return on Equity (ROE) was -69.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Simon Kynde ApS's liquidity measured by quick ratio was 5.8 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.