KORNPRODUCENTERNES KVALITETS- KORNFORMIDLING A/S — Credit Rating and Financial Key Figures

KORNPRODUCENTERNES KVALITETS- KORNFORMIDLING A/S (CVR number: 12517599) is a company from KALUNDBORG. The company recorded a gross profit of 1231.5 kDKK in 2018. The operating profit was 504.8 kDKK, while net earnings were 364 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.1 %, 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. KORNPRODUCENTERNES KVALITETS- KORNFORMIDLING A/S'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.