SØREN NIELSEN BILER ApS — Credit Rating and Financial Key Figures

SØREN NIELSEN BILER ApS (CVR number: 74616313) is a company from KØGE. The company recorded a gross profit of 485.4 kDKK in 2023. The operating profit was -539.3 kDKK, while net earnings were -426.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. SØREN NIELSEN BILER ApS's liquidity measured by quick ratio was 2 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.