Nielsen og Kristensen ApS — Credit Rating and Financial Key Figures

Nielsen og Kristensen ApS (CVR number: 41278161) is a company from VEJEN. The company recorded a gross profit of 2649.9 kDKK in 2023. The operating profit was 756.9 kDKK, while net earnings were 585.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.2 %, which can be considered excellent and Return on Equity (ROE) was 84.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. Nielsen og Kristensen 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.