KVIK AUTO A/S — Credit Rating and Financial Key Figures

KVIK AUTO A/S (CVR number: 11772706) is a company from HEDENSTED. The company recorded a gross profit of 1622 kDKK in 2023. The operating profit was 375.1 kDKK, while net earnings were 1098.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KVIK AUTO A/S's liquidity measured by quick ratio was 7.6 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.