Bog & Ide Nibe Aps — Credit Rating and Financial Key Figures

Bog & Ide Nibe Aps (CVR number: 40773975) is a company from AALBORG. The company recorded a gross profit of 564.4 kDKK in 2023. The operating profit was 208.7 kDKK, while net earnings were 160.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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. Bog & Ide Nibe Aps's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.