Billig Olie ApS — Credit Rating and Financial Key Figures

Billig Olie ApS (CVR number: 37136050) is a company from HEDENSTED. The company recorded a gross profit of 2147.5 kDKK in 2024. The operating profit was 1203.1 kDKK, while net earnings were 938.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 83.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. Billig Olie ApS's liquidity measured by quick ratio was 1.2 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.