Nygaard Kristensen ApS — Credit Rating and Financial Key Figures

Nygaard Kristensen ApS (CVR number: 39340585) is a company from HORSENS. The company recorded a gross profit of 654.9 kDKK in 2021. The operating profit was -16.8 kDKK, while net earnings were -18.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -29.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. Nygaard Kristensen ApS's liquidity measured by quick ratio was 1.1 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.