KINETICO EUROPE ApS — Credit Rating and Financial Key Figures

KINETICO EUROPE ApS (CVR number: 26249759K) is a company from KØGE. The company recorded a gross profit of 39.3 mDKK in 2023. The operating profit was 11.4 mDKK, while net earnings were 8922.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. KINETICO EUROPE ApS's liquidity measured by quick ratio was 1.5 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.