KRISTIAN GADE HOLDING ApS — Credit Rating and Financial Key Figures

KRISTIAN GADE HOLDING ApS (CVR number: 30245199) is a company from HERNING. The company recorded a gross profit of 403.1 kDKK in 2023. The operating profit was 207.8 kDKK, while net earnings were -328.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent but Return on Equity (ROE) was -39.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. KRISTIAN GADE HOLDING ApS's liquidity measured by quick ratio was 1.5 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.