CHRISTOFFER NIELSEN & SØN ApS — Credit Rating and Financial Key Figures

CHRISTOFFER NIELSEN & SØN ApS (CVR number: 33504519) is a company from KØGE. The company recorded a gross profit of 124.4 kDKK in 2020. The operating profit was -727.7 kDKK, while net earnings were 428.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -89.3 %, which can be considered poor but Return on Equity (ROE) was 100.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. CHRISTOFFER NIELSEN & SØN ApS's liquidity measured by quick ratio was 1.6 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.