KLINGE CORPORATION A/S — Credit Rating and Financial Key Figures

KLINGE CORPORATION A/S (CVR number: 17510975) is a company from KØBENHAVN. The company recorded a gross profit of -6.2 kDKK in 2016. The operating profit was -6.2 kDKK, while net earnings were -1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KLINGE CORPORATION A/S's liquidity measured by quick ratio was 24.5 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.