Tømrerfirmaet Skov Nielsen Aps — Credit Rating and Financial Key Figures

Tømrerfirmaet Skov Nielsen Aps (CVR number: 40197389) is a company from RANDERS. The company recorded a gross profit of 485.8 kDKK in 2021. The operating profit was 72.2 kDKK, while net earnings were 41.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.4 %, which can be considered excellent and Return on Equity (ROE) was 125.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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. Tømrerfirmaet Skov Nielsen 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.