KONGGAARD ApS — Credit Rating and Financial Key Figures

KONGGAARD ApS (CVR number: 26988535) is a company from VEJLE. The company recorded a gross profit of 5093.3 kDKK in 2023. The operating profit was 354.4 kDKK, while net earnings were 2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, 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 21.6 %, 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. KONGGAARD ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.