KK Network IVS — Credit Rating and Financial Key Figures

KK Network IVS (CVR number: 37157856) is a company from VARDE. The company recorded a gross profit of 58.3 kDKK in 2016. The operating profit was 4.9 kDKK, while net earnings were 4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.6 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. KK Network IVS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.