NIELS KAAD CHRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

NIELS KAAD CHRISTENSEN HOLDING ApS (CVR number: 29193134) is a company from SØNDERBORG. The company recorded a gross profit of 16.9 kDKK in 2023. The operating profit was -4.8 kDKK, while net earnings were -24.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. NIELS KAAD CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 6.3 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.