KB Drill Bits ApS

KB Drill Bits ApS (CVR number: 42301353) is a company from KALUNDBORG. The company recorded a gross profit of 68.3 kDKK in 2023. The operating profit was 68.3 kDKK, while net earnings were 44.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -61.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KB Drill Bits ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.