THORSTEN MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures

THORSTEN MIKKELSEN HOLDING ApS (CVR number: 32560598) is a company from KERTEMINDE. The company reported a net sales of 1.8 mDKK in 2024, demonstrating a decline of -50.8 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 1.8 mDKK), while net earnings were 1823.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORSTEN MIKKELSEN HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.