King Catering ApS — Credit Rating and Financial Key Figures

King Catering ApS (CVR number: 40898166) is a company from TÅRNBY. The company recorded a gross profit of 640.3 kDKK in 2023. The operating profit was -67.3 kDKK, while net earnings were -57.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -30.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. King Catering ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.