Nissen Korn & Foder ApS

Nissen Korn & Foder ApS (CVR number: 41085282) is a company from MIDDELFART. The company recorded a gross profit of -5035.8 kDKK in 2023. The operating profit was -9261.7 kDKK, while net earnings were 16.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.4 %, which can be considered excellent and Return on Equity (ROE) was 47 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. Nissen Korn & Foder ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.