KR GOLF IVS — Credit Rating and Financial Key Figures

KR GOLF IVS (CVR number: 38344366) is a company from SILKEBORG. The company recorded a gross profit of 119.3 kDKK in 2019. The operating profit was -17.8 kDKK, while net earnings were -16.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.6 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. KR GOLF IVS's liquidity measured by quick ratio was 2.2 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.