Kaas & Ryge ApS — Credit Rating and Financial Key Figures

Kaas & Ryge ApS (CVR number: 43338633) is a company from RUDERSDAL. The company recorded a gross profit of 744.9 kDKK in 2023. The operating profit was -180.5 kDKK, while net earnings were -147.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.8 %, which can be considered poor and Return on Equity (ROE) was -114.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.7 %, 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. Kaas & Ryge ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.