KERTEMINDE BIOGAS ApS — Credit Rating and Financial Key Figures

KERTEMINDE BIOGAS ApS (CVR number: 31600073) is a company from KERTEMINDE. The company recorded a gross profit of -1344.3 kDKK in 2022. The operating profit was -5467.6 kDKK, while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor but Return on Equity (ROE) was 35.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. KERTEMINDE BIOGAS ApS's liquidity measured by quick ratio was 0.2 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.