KIVI-TEX A/S — Credit Rating and Financial Key Figures

KIVI-TEX A/S (CVR number: 66434710K) is a company from BALLERUP. The company reported a net sales of 1471.8 mDKK in 2014, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 102.6 mDKK), while net earnings were 88.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.4 %, 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. KIVI-TEX A/S's liquidity measured by quick ratio was 1.2 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.