KONGEEGEN A/S — Credit Rating and Financial Key Figures

KONGEEGEN A/S (CVR number: 21144274K) is a company from FREDENSBORG. The company reported a net sales of 44.3 mDKK in 2019, demonstrating a decline of -43.3 % compared to the previous year. The operating profit percentage was at 66.7 % (EBIT: 29.5 mDKK), while net earnings were 9914 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28.3 %, 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. KONGEEGEN A/S's liquidity measured by quick ratio was 0.4 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.