Knud Nielsen, Vemmelev ApS — Credit Rating and Financial Key Figures

Knud Nielsen, Vemmelev ApS (CVR number: 29244731) is a company from SLAGELSE. The company reported a net sales of 0.8 mDKK in 2020, demonstrating a decline of -36.4 % compared to the previous year. The operating profit percentage was at 48.5 % (EBIT: 0.4 mDKK), while net earnings were 314.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 91.7 %, which can be considered excellent and Return on Equity (ROE) was 112.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. Knud Nielsen, Vemmelev ApS's liquidity measured by quick ratio was 3.4 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.