KERTEMINDE FORSYNING - VAND A/S — Credit Rating and Financial Key Figures

KERTEMINDE FORSYNING - VAND A/S (CVR number: 32077412) is a company from KERTEMINDE. The company reported a net sales of 12.8 mDKK in 2023, demonstrating a growth of 2.1 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 0.5 mDKK), while net earnings were -264 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KERTEMINDE FORSYNING - VAND A/S's liquidity measured by quick ratio was 25.6 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.