KANAL A/S — Credit Rating and Financial Key Figures

KANAL A/S (CVR number: 28118708) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -31.8 kDKK in 2024. The operating profit was -31.8 kDKK, while net earnings were 1054.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KANAL A/S's liquidity measured by quick ratio was 3.1 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.