Fonden Kerteminde Erhverv — Credit Rating and Financial Key Figures

Fonden Kerteminde Erhverv (CVR number: 30528298) is a company from KERTEMINDE. The company reported a net sales of 4.2 mDKK in 2023, demonstrating a decline of -15.4 % compared to the previous year. The operating profit percentage was poor at -0.6 % (EBIT: -0 mDKK), while net earnings were 1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. Fonden Kerteminde Erhverv's liquidity measured by quick ratio was 1.8 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.