Ole M Andersen Holding ApS — Credit Rating and Financial Key Figures

Ole M Andersen Holding ApS (CVR number: 39348799) is a company from HERNING. The company recorded a gross profit of -63.2 kDKK in 2023. The operating profit was -80 kDKK, while net earnings were 498.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ole M Andersen Holding ApS's liquidity measured by quick ratio was 1.6 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.