MOGENS OLESEN ApS — Credit Rating and Financial Key Figures

MOGENS OLESEN ApS (CVR number: 16504343) is a company from AALBORG. The company recorded a gross profit of -6.6 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were 496.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. MOGENS OLESEN ApS's liquidity measured by quick ratio was 4.6 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.