NIELS ÆRØ MALERENTREPRISE ApS

NIELS ÆRØ MALERENTREPRISE ApS (CVR number: 29782237) is a company from VEJLE. The company recorded a gross profit of 1875.3 kDKK in 2023. The operating profit was 216.3 kDKK, while net earnings were 173.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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 ÆRØ MALERENTREPRISE ApS's liquidity measured by quick ratio was 2 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.