Kringelum & Holmgren ApS — Credit Rating and Financial Key Figures

Kringelum & Holmgren ApS (CVR number: 43095609) is a company from AARHUS. The company recorded a gross profit of -17.5 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -17.5 kDKK, while net earnings were -17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.6 %, which can be considered poor and Return on Equity (ROE) was -33.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. Kringelum & Holmgren ApS's liquidity measured by quick ratio was 2.5 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.