Kulturradio Danmark A/S — Credit Rating and Financial Key Figures

Kulturradio Danmark A/S (CVR number: 40780459) is a company from KØBENHAVN. The company recorded a gross profit of 35.5 mDKK in 2023. The operating profit was -126.5 kDKK, while net earnings were 210.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30 %, 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. Kulturradio Danmark A/S'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.