SØREN SIMONSEN ODENSE HOLDING ApS — Credit Rating and Financial Key Figures

SØREN SIMONSEN ODENSE HOLDING ApS (CVR number: 34897522) is a company from ODENSE. The company recorded a gross profit of -13.5 kDKK in 2023. The operating profit was -13.5 kDKK, while net earnings were 164.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, 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. SØREN SIMONSEN ODENSE HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.