KNUD KIRKEGAARD ApS — Credit Rating and Financial Key Figures

KNUD KIRKEGAARD ApS (CVR number: 28318251) is a company from HERNING. The company recorded a gross profit of 3652.3 kDKK in 2023. The operating profit was 434.9 kDKK, while net earnings were 335.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.8 %, 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. KNUD KIRKEGAARD ApS's liquidity measured by quick ratio was 1.4 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.