MOGENS NIELSEN. NYBORG ApS — Credit Rating and Financial Key Figures

MOGENS NIELSEN. NYBORG ApS (CVR number: 82844015) is a company from NYBORG. The company recorded a gross profit of -10.9 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were 96.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MOGENS NIELSEN. NYBORG ApS's liquidity measured by quick ratio was 1.5 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.