TAGE ODGAARD NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures

TAGE ODGAARD NIELSEN HOLDING ApS (CVR number: 26733871) is a company from MORSØ. The company recorded a gross profit of -10.8 kDKK in 2023. The operating profit was -10.8 kDKK, while net earnings were 1328.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. TAGE ODGAARD NIELSEN HOLDING 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.