KURT SKARE HOLDING ApS — Credit Rating and Financial Key Figures

KURT SKARE HOLDING ApS (CVR number: 11975089) is a company from VEJEN. The company recorded a gross profit of -78.1 kDKK in 2021. The operating profit was -78.1 kDKK, while net earnings were 17 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 22.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KURT SKARE HOLDING ApS's liquidity measured by quick ratio was 3.3 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.