Plus-Olie ApS — Credit Rating and Financial Key Figures

Plus-Olie ApS (CVR number: 29814031) is a company from HJØRRING. The company recorded a gross profit of 967.2 kDKK in 2023. The operating profit was 299.2 kDKK, while net earnings were 221.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. Plus-Olie ApS's liquidity measured by quick ratio was 2.3 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.