OLES LYD & BILLED ApS — Credit Rating and Financial Key Figures

OLES LYD & BILLED ApS (CVR number: 26664764) is a company from ESBJERG. The company recorded a gross profit of 364.7 kDKK in 2021. The operating profit was 24 kDKK, while net earnings were -135.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OLES LYD & BILLED ApS's liquidity measured by quick ratio was 2.4 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.