Jørgen Krag Nielsen ApS — Credit Rating and Financial Key Figures

Jørgen Krag Nielsen ApS (CVR number: 28850700) is a company from HORSENS. The company recorded a gross profit of -11.1 kDKK in 2023. The operating profit was -11.1 kDKK, while net earnings were -8.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -25.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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. Jørgen Krag Nielsen ApS's liquidity measured by quick ratio was 3.6 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.