KIMA ACCESSORIES ApS — Credit Rating and Financial Key Figures

KIMA ACCESSORIES ApS (CVR number: 34450390) is a company from VARDE. The company recorded a gross profit of 7647.9 kDKK in 2023. The operating profit was 2125.6 kDKK, while net earnings were 1162.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KIMA ACCESSORIES ApS's liquidity measured by quick ratio was 0.4 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.