KINGO KARLSEN A/S — Credit Rating and Financial Key Figures

KINGO KARLSEN A/S (CVR number: 21791733) is a company from SILKEBORG. The company recorded a gross profit of 105.4 mDKK in 2023. The operating profit was 7588.4 kDKK, while net earnings were 6413.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. KINGO KARLSEN A/S'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.