KULTURØENS BYCENTER AKTIESELSKAB — Credit Rating and Financial Key Figures

KULTURØENS BYCENTER AKTIESELSKAB (CVR number: 35652639) is a company from MIDDELFART. The company reported a net sales of 2.6 mDKK in 2023, demonstrating a growth of 1 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 0.2 mDKK), while net earnings were 24.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KULTURØENS BYCENTER AKTIESELSKAB's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.