Kastethus 2020 ApS — Credit Rating and Financial Key Figures

Kastethus 2020 ApS (CVR number: 35386874) is a company from THISTED. The company recorded a gross profit of 566.3 kDKK in 2019. The operating profit was -90.3 kDKK, while net earnings were -75 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.4 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.5 %, 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. Kastethus 2020 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.