Kjeldsen Nøvling ApS — Credit Rating and Financial Key Figures

Kjeldsen Nøvling ApS (CVR number: 43496875) is a company from AALBORG. The company reported a net sales of 1.6 mDKK in 2023. The operating profit percentage was at 9.3 % (EBIT: 0.1 mDKK), while net earnings were 178.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.9 %, which can be considered excellent and Return on Equity (ROE) was 69.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. Kjeldsen Nøvling ApS's liquidity measured by quick ratio was 2.8 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.