M. Qvist Olesen ApS — Credit Rating and Financial Key Figures

M. Qvist Olesen ApS (CVR number: 32280986) is a company from VIBORG. The company recorded a gross profit of -146.3 kDKK in 2022. The operating profit was -358 kDKK, while net earnings were -1223.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. Qvist Olesen ApS's liquidity measured by quick ratio was 1.6 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.