VVS-FIRMAET IVER NIELSEN ApS

VVS-FIRMAET IVER NIELSEN ApS (CVR number: 82169210) is a company from AALBORG. The company recorded a gross profit of 1109.7 kDKK in 2023. The operating profit was 52.8 kDKK, while net earnings were 28.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VVS-FIRMAET IVER NIELSEN ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.