Kærgade ApS — Credit Rating and Financial Key Figures

Kærgade ApS (CVR number: 37640867) is a company from ESBJERG. The company recorded a gross profit of 134.8 kDKK in 2020. The operating profit was 422.9 kDKK, while net earnings were -418 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kærgade ApS's liquidity measured by quick ratio was 9.4 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.