KNUD ERIK NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures

KNUD ERIK NIELSEN HOLDING ApS (CVR number: 31897211) is a company from HJØRRING. The company recorded a gross profit of -13.3 kDKK in 2023. The operating profit was -13.3 kDKK, while net earnings were 52.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KNUD ERIK NIELSEN HOLDING ApS's liquidity measured by quick ratio was 4.3 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.