Klazzik Holding Aps — Credit Rating and Financial Key Figures

Klazzik Holding Aps (CVR number: 36936304) is a company from VIBORG. The company recorded a gross profit of 0 kDKK in 2017. The operating profit was 9.3 kDKK, while net earnings were 11.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.6 %, 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. Klazzik Holding Aps's liquidity measured by quick ratio was 1.2 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.