NIELS HOVMAND ApS — Credit Rating and Financial Key Figures

NIELS HOVMAND ApS (CVR number: 34738394) is a company from RUDERSDAL. The company recorded a gross profit of 285.1 kDKK in 2017. The operating profit was 142.2 kDKK, while net earnings were 137.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 90.1 %, which can be considered excellent and Return on Equity (ROE) was 144.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NIELS HOVMAND ApS's liquidity measured by quick ratio was 1.8 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.