KEN SKOVBY VVS ApS — Credit Rating and Financial Key Figures

KEN SKOVBY VVS ApS (CVR number: 29421617) is a company from ODDER. The company recorded a gross profit of 6843.3 kDKK in 2023. The operating profit was -1008 kDKK, while net earnings were -959.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.4 %, which can be considered poor and Return on Equity (ROE) was -27.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. KEN SKOVBY VVS 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.