THORSTEN MIKKELSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

THORSTEN MIKKELSEN EJENDOMME ApS (CVR number: 28114109) is a company from KERTEMINDE. The company recorded a gross profit of 4142.1 kDKK in 2023. The operating profit was 4387 kDKK, while net earnings were 3636.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.5 %, 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. THORSTEN MIKKELSEN EJENDOMME ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.