KIROPRAKTOR JOAN LINNEGAARD ApS — Credit Rating and Financial Key Figures

KIROPRAKTOR JOAN LINNEGAARD ApS (CVR number: 33641176) is a company from HORSENS. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 16.7 % compared to the previous year. The operating profit percentage was at 18.1 % (EBIT: 0.2 mDKK), while net earnings were 169.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.6 %, which can be considered excellent and Return on Equity (ROE) was 86 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. KIROPRAKTOR JOAN LINNEGAARD ApS's liquidity measured by quick ratio was 1.6 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.