KURTS AUTOVÆRKSTED ApS — Credit Rating and Financial Key Figures

KURTS AUTOVÆRKSTED ApS (CVR number: 16051179) is a company from JAMMERBUGT. The company recorded a gross profit of 5004 kDKK in 2022. The operating profit was 611.7 kDKK, while net earnings were 1135 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. KURTS AUTOVÆRKSTED ApS's liquidity measured by quick ratio was 1.4 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.