NIELS B. OLESEN ApS — Credit Rating and Financial Key Figures

NIELS B. OLESEN ApS (CVR number: 10909546) is a company from VEJEN. The company recorded a gross profit of 2489.3 kDKK in 2016. The operating profit was 244.9 kDKK, while net earnings were 188.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 44.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. NIELS B. OLESEN ApS's liquidity measured by quick ratio was 1.3 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.