Kold & Nygaard A/S — Credit Rating and Financial Key Figures

Kold & Nygaard A/S (CVR number: 29401489) is a company from AARHUS. The company recorded a gross profit of 12.9 mDKK in 2023. The operating profit was 1611.1 kDKK, while net earnings were 1255.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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. Kold & Nygaard A/S's liquidity measured by quick ratio was 1.4 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.