NIELS NIELSEN & SØN ApS

NIELS NIELSEN & SØN ApS (CVR number: 27922074) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 8316.2 kDKK in 2023. The operating profit was 247.8 kDKK, while net earnings were -27.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. NIELS NIELSEN & SØN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.