Niels Saxtoft ApS — Credit Rating and Financial Key Figures

Niels Saxtoft ApS (CVR number: 37206083) is a company from AALBORG. The company recorded a gross profit of -36.5 kDKK in 2020. The operating profit was -36.5 kDKK, while net earnings were 5331.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Niels Saxtoft ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.