KANNIKE HOLDING AF 2003 ApS — Credit Rating and Financial Key Figures

KANNIKE HOLDING AF 2003 ApS (CVR number: 27466486) is a company from AARHUS. The company recorded a gross profit of 17.5 kDKK in 2019. The operating profit was 5.1 kDKK, while net earnings were -2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KANNIKE HOLDING AF 2003 ApS's liquidity measured by quick ratio was 8.9 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.