Malermester Ole Prangsgaard ApS — Credit Rating and Financial Key Figures

Malermester Ole Prangsgaard ApS (CVR number: 44053993) is a company from HJØRRING. The company recorded a gross profit of 6279.9 kDKK in 2023. The operating profit was 592.5 kDKK, while net earnings were 506.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Malermester Ole Prangsgaard ApS's liquidity measured by quick ratio was 1.6 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.