KRING-KON IVS — Credit Rating and Financial Key Figures

KRING-KON IVS (CVR number: 38478885) is a company from SØNDERBORG. The company recorded a gross profit of 18.9 kDKK in 2018. The operating profit was 9.1 kDKK, while net earnings were 5.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 72.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. KRING-KON IVS's liquidity measured by quick ratio was 1.1 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.