Vejby Olesen ApS — Credit Rating and Financial Key Figures

Vejby Olesen ApS (CVR number: 25709802) is a company from AALBORG. The company recorded a gross profit of 16.5 mDKK in 2023. The operating profit was 819.4 kDKK, while net earnings were 619.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 66.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Vejby Olesen ApS's liquidity measured by quick ratio was 1.3 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.