KB Drill Bits ApS — Credit Rating and Financial Key Figures

KB Drill Bits ApS (CVR number: 42301353) is a company from KALUNDBORG. The company recorded a gross profit of 305.7 kDKK in 2024. The operating profit was 305.7 kDKK, while net earnings were 231.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent and Return on Equity (ROE) was 51.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -33.7 %. 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 1.8 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.