OLE KROGH ApS — Credit Rating and Financial Key Figures

OLE KROGH ApS (CVR number: 26986184) is a company from RUDERSDAL. The company recorded a gross profit of 1437.4 kDKK in 2023. The operating profit was 1437.4 kDKK, while net earnings were 673.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. OLE KROGH ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.