KK HORSES ApS

KK HORSES ApS (CVR number: 26865778) is a company from NYBORG. The company recorded a gross profit of 106.8 kDKK in 2020, demonstrating a growth of 8.1 % compared to the previous year. The operating profit was 54.4 kDKK, while net earnings were 54.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KK HORSES ApS's liquidity measured by quick ratio was 0 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.