Kongsgaard Engineering IVS — Credit Rating and Financial Key Figures

Kongsgaard Engineering IVS (CVR number: 39978393) is a company from KØBENHAVN. The company recorded a gross profit of 447.5 kDKK in 2019. The operating profit was 116.6 kDKK, while net earnings were 92.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 89.1 %, which can be considered excellent and Return on Equity (ROE) was 99.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Kongsgaard Engineering IVS's liquidity measured by quick ratio was 3.3 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.