AXEL PEDERSEN EL ApS — Credit Rating and Financial Key Figures

AXEL PEDERSEN EL ApS (CVR number: 29771995) is a company from NYBORG. The company recorded a gross profit of 6960.5 kDKK in 2023. The operating profit was 454.5 kDKK, while net earnings were 381.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. AXEL PEDERSEN EL ApS's liquidity measured by quick ratio was 2.4 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.