KIERMAR TECHNOLOGY A/S — Credit Rating and Financial Key Figures

KIERMAR TECHNOLOGY A/S (CVR number: 33386338) is a company from SKANDERBORG. The company recorded a gross profit of 6000.7 kDKK in 2017. The operating profit was 1746.2 kDKK, while net earnings were 1160 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 181.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KIERMAR TECHNOLOGY A/S's liquidity measured by quick ratio was 1.9 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.