KK Denmark 2018 A/S — Credit Rating and Financial Key Figures

KK Denmark 2018 A/S (CVR number: 70282917) is a company from FREDERICIA. The company recorded a gross profit of 865 kDKK in 2023, demonstrating a decline of -73.3 % compared to the previous year. The operating profit was 865 kDKK, while net earnings were -2862 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KK Denmark 2018 A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.