Knitmakers of Denmark ApS — Credit Rating and Financial Key Figures

Knitmakers of Denmark ApS (CVR number: 41653450) is a company from HERNING. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were -9.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -44 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Knitmakers of Denmark ApS's liquidity measured by quick ratio was 2.7 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.