KNUD SØRENSEN BRANDE ApS — Credit Rating and Financial Key Figures

KNUD SØRENSEN BRANDE ApS (CVR number: 16246174) is a company from IKAST-BRANDE. The company recorded a gross profit of 2240.4 kDKK in 2023. The operating profit was -701.6 kDKK, while net earnings were -529.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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. KNUD SØRENSEN BRANDE ApS's liquidity measured by quick ratio was 1.2 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.