K. OLESEN HANDELSSELSKAB ApS — Credit Rating and Financial Key Figures

K. OLESEN HANDELSSELSKAB ApS (CVR number: 24220109) is a company from VARDE. The company recorded a gross profit of -4.3 kDKK in 2022. The operating profit was -4.3 kDKK, while net earnings were -2.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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. K. OLESEN HANDELSSELSKAB ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.