KURT KIRKEGAARD A/S — Credit Rating and Financial Key Figures

KURT KIRKEGAARD A/S (CVR number: 34878803) is a company from BILLUND. The company recorded a gross profit of 35.7 mDKK in 2023. The operating profit was 1217.5 kDKK, while net earnings were 424.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KURT KIRKEGAARD A/S's liquidity measured by quick ratio was 1.3 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.