Kringlevrider Holding ApS — Credit Rating and Financial Key Figures

Kringlevrider Holding ApS (CVR number: 39919834) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -4.9 kDKK in 2023. The operating profit was -4.9 kDKK, while net earnings were -56.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kringlevrider Holding ApS's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.