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 196.4 kDKK in 2024. The operating profit was 12.4 kDKK, while net earnings were -206.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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 2.1 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.