Jørn Krag ApS — Credit Rating and Financial Key Figures

Jørn Krag ApS (CVR number: 37351954) is a company from TØNDER. The company recorded a gross profit of 24.9 kDKK in 2021. The operating profit was -14.1 kDKK, while net earnings were -24.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. Jørn Krag ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.