Kingo Recycling A/S — Credit Rating and Financial Key Figures

Kingo Recycling A/S (CVR number: 39162555) is a company from SILKEBORG. The company recorded a gross profit of 16.9 mDKK in 2024. The operating profit was 4321.2 kDKK, while net earnings were 4146.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 35.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.8 %, 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. Kingo Recycling A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.