T. Kruse ApS — Credit Rating and Financial Key Figures

T. Kruse ApS (CVR number: 30559290K) is a company from VEJEN. The company recorded a gross profit of 364.9 kDKK in 2018. The operating profit was 317.9 kDKK, while net earnings were 286.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.7 %, which can be considered excellent and Return on Equity (ROE) was 266.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -80.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. T. Kruse ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.