Vognmand Morten H. Nielsen ApS — Credit Rating and Financial Key Figures

Vognmand Morten H. Nielsen ApS (CVR number: 40274839) is a company from VEJEN. The company recorded a gross profit of 1661.2 kDKK in 2024. The operating profit was 86.8 kDKK, while net earnings were 60.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Vognmand Morten H. Nielsen ApS's liquidity measured by quick ratio was 1.3 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.