KINGSPAN A/S — Credit Rating and Financial Key Figures

KINGSPAN A/S (CVR number: 26065267) is a company from REBILD. The company reported a net sales of 67.5 mDKK in 2023, demonstrating a decline of -52.6 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 1.5 mDKK), while net earnings were 1463 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KINGSPAN A/S's liquidity measured by quick ratio was 7.1 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.