KiteX ApS — Credit Rating and Financial Key Figures

KiteX ApS (CVR number: 38029126) is a company from GLADSAXE. The company recorded a gross profit of 476.8 kDKK in 2023. The operating profit was -1559 kDKK, while net earnings were -1322.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -63.6 %, which can be considered poor and Return on Equity (ROE) was -112.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. KiteX ApS's liquidity measured by quick ratio was 2.2 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.