A/S KURT RASMUSSEN VÆRKTØJSMASKINER — Credit Rating and Financial Key Figures

A/S KURT RASMUSSEN VÆRKTØJSMASKINER (CVR number: 12199341) is a company from SKANDERBORG. The company recorded a gross profit of 639.4 kDKK in 2019. The operating profit was 571 kDKK, while net earnings were 464.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.6 %, which can be considered excellent and Return on Equity (ROE) was 34.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S KURT RASMUSSEN VÆRKTØJSMASKINER's liquidity measured by quick ratio was 11.4 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.