KINRADEN ApS — Credit Rating and Financial Key Figures

KINRADEN ApS (CVR number: 36550414) is a company from KØBENHAVN. The company recorded a gross profit of -2729.8 kDKK in 2023. The operating profit was -4362.1 kDKK, while net earnings were -4801.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -95.9 %, which can be considered poor and Return on Equity (ROE) was -222.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KINRADEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.