Kannik Holding ApS — Credit Rating and Financial Key Figures

Kannik Holding ApS (CVR number: 36893443) is a company from AALBORG. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -16.3 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 1 mDKK), while net earnings were 891.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good and Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kannik Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.