Ole Korsbæk Holding ApS — Credit Rating and Financial Key Figures

Ole Korsbæk Holding ApS (CVR number: 42652024) is a company from JAMMERBUGT. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 53.7 % compared to the previous year. The operating profit percentage was at 96 % (EBIT: 0.2 mDKK), while net earnings were 215 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63 %, 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. Ole Korsbæk Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.