KRAG INVESTMENT A/S — Credit Rating and Financial Key Figures

KRAG INVESTMENT A/S (CVR number: 13928185) is a company from AABENRAA. The company recorded a gross profit of -1793 kDKK in 2023. The operating profit was -2193.5 kDKK, while net earnings were -6906.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KRAG INVESTMENT A/S's liquidity measured by quick ratio was 2.4 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.