Korsgaard & Andersen ApS — Credit Rating and Financial Key Figures

Korsgaard & Andersen ApS (CVR number: 37858889) is a company from VIBORG. The company recorded a gross profit of -7.5 kDKK in 2016. The operating profit was -7.5 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -14.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Korsgaard & Andersen ApS's liquidity measured by quick ratio was 3.2 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.