Bay Nielsen ApS

Bay Nielsen ApS (CVR number: 36971185) is a company from GLADSAXE. The company recorded a gross profit of 1067.6 kDKK in 2023. The operating profit was 298.5 kDKK, while net earnings were 231.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. Bay Nielsen ApS's liquidity measured by quick ratio was 3.8 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.