KORDEGARDEN ApS — Credit Rating and Financial Key Figures

KORDEGARDEN ApS (CVR number: 29844976) is a company from VEJLE. The company reported a net sales of 4.2 mDKK in 2018, demonstrating a decline of -79.6 % compared to the previous year. The operating profit percentage was poor at -99.3 % (EBIT: -4.1 mDKK), while net earnings were -5578.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.2 %, 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. KORDEGARDEN ApS's liquidity measured by quick ratio was 1.5 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.