KENNETH RASMUSSEN ApS — Credit Rating and Financial Key Figures

KENNETH RASMUSSEN ApS (CVR number: 28121083) is a company from GULDBORGSUND. The company recorded a gross profit of 1042.1 kDKK in 2021. The operating profit was 42 kDKK, while net earnings were 30.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KENNETH RASMUSSEN ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.