Kjærgaard Køreskole ApS — Credit Rating and Financial Key Figures

Kjærgaard Køreskole ApS (CVR number: 37816698) is a company from VARDE. The company recorded a gross profit of 2843.9 kDKK in 2023. The operating profit was 556.1 kDKK, while net earnings were 234.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 82.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.7 %, 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. Kjærgaard Køreskole ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.