Karl Billum Holding ApS — Credit Rating and Financial Key Figures

Karl Billum Holding ApS (CVR number: 41933283) is a company from ODENSE. The company recorded a gross profit of -6.9 kDKK in 2023. The operating profit was -6.9 kDKK, while net earnings were 958.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.4 %, which can be considered excellent and Return on Equity (ROE) was 39.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Karl Billum Holding ApS'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.