Kinoa Foods ApS — Credit Rating and Financial Key Figures

Kinoa Foods ApS (CVR number: 40663584) is a company from AARHUS. The company recorded a gross profit of -155 kDKK in 2020. The operating profit was -184.8 kDKK, while net earnings were -156.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -55 %, which can be considered poor and Return on Equity (ROE) was -60 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kinoa Foods ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.