MORTEN NIELSEN HOLDING, AARS ApS — Credit Rating and Financial Key Figures

MORTEN NIELSEN HOLDING, AARS ApS (CVR number: 32339352) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 65 kDKK in 2023. The operating profit was 59.8 kDKK, while net earnings were 472.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MORTEN NIELSEN HOLDING, AARS ApS's liquidity measured by quick ratio was 5 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.