Kristensen Øko II ApS — Credit Rating and Financial Key Figures

Kristensen Øko II ApS (CVR number: 40293523) is a company from VARDE. The company recorded a gross profit of 456.4 kDKK in 2023. The operating profit was 269 kDKK, while net earnings were 4219.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 64.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.2 %, 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. Kristensen Øko II ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.