OLE MUNK ApS — Credit Rating and Financial Key Figures

OLE MUNK ApS (CVR number: 70326418) is a company from AALBORG. The company recorded a gross profit of 143.6 kDKK in 2023. The operating profit was 23.5 kDKK, while net earnings were 111.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. OLE MUNK ApS's liquidity measured by quick ratio was 4 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.