Mikkelsen Innovation ApS — Credit Rating and Financial Key Figures

Mikkelsen Innovation ApS (CVR number: 42636746) is a company from SYDDJURS. The company recorded a gross profit of -1040.5 kDKK in 2024. The operating profit was -2078.5 kDKK, while net earnings were -1769.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -154.8 %, which can be considered poor and Return on Equity (ROE) was -200 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mikkelsen Innovation ApS's liquidity measured by quick ratio was 2.7 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.