OLE BILLUM-JENSEN HOLDING ApS — Credit Rating and Financial Key Figures

OLE BILLUM-JENSEN HOLDING ApS (CVR number: 21563234K) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 51.9 mDKK in 2018. The operating profit was 26.7 mDKK, while net earnings were 22 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. OLE BILLUM-JENSEN HOLDING ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.