KROG Holdingselskab ApS — Credit Rating and Financial Key Figures

KROG Holdingselskab ApS (CVR number: 41017716) is a company from HERNING. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a decline of -70 % compared to the previous year. The operating profit percentage was at 99.4 % (EBIT: 1.3 mDKK), while net earnings were 1292.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KROG Holdingselskab ApS's liquidity measured by quick ratio was 0.4 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.