Kjelgaard Tolstrup Holding ApS

Kjelgaard Tolstrup Holding ApS (CVR number: 38618024K) is a company from Brønderslev. The company recorded a gross profit of 64 mDKK in 2023. The operating profit was -1116 kDKK, while net earnings were -4479 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kjelgaard Tolstrup Holding ApS's liquidity measured by quick ratio was 0.5 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.