KRINGS TRADING A/S — Credit Rating and Financial Key Figures

KRINGS TRADING A/S (CVR number: 26154375) is a company from VEJLE. The company recorded a gross profit of 4439.3 kDKK in 2023. The operating profit was 2347.9 kDKK, while net earnings were -1575.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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. KRINGS TRADING A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.