OTTO MIKKELSEN ApS — Credit Rating and Financial Key Figures

OTTO MIKKELSEN ApS (CVR number: 13155089) is a company from VARDE. The company recorded a gross profit of -17 kDKK in 2023. The operating profit was -112.9 kDKK, while net earnings were 261.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OTTO MIKKELSEN ApS's liquidity measured by quick ratio was 143.1 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.