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 1093.4 kDKK in 2023. The operating profit was 210.9 kDKK, while net earnings were 160.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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 1.9 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.