Kviknet ApS — Credit Rating and Financial Key Figures

Kviknet ApS (CVR number: 35466924) is a company from KOLDING. The company reported a net sales of 72.5 mDKK in 2022, demonstrating a growth of 5.1 % compared to the previous year. The operating profit percentage was poor at -8.8 % (EBIT: -6.4 mDKK), while net earnings were -6625.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.4 %, which can be considered poor and Return on Equity (ROE) was -40.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.1 %, 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. Kviknet ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.