OLE SPRINGBORG ApS — Credit Rating and Financial Key Figures

OLE SPRINGBORG ApS (CVR number: 27224652) is a company from AALBORG. The company recorded a gross profit of 209.2 kDKK in 2023. The operating profit was -163 kDKK, while net earnings were 809 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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 SPRINGBORG ApS's liquidity measured by quick ratio was 17 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.