MALERFIRMA HELGE OG MICHAEL JØRGENSEN A/S

MALERFIRMA HELGE OG MICHAEL JØRGENSEN A/S (CVR number: 20089075) is a company from AARHUS. The company recorded a gross profit of 6104.7 kDKK in 2023. The operating profit was 382.6 kDKK, while net earnings were 291.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MALERFIRMA HELGE OG MICHAEL JØRGENSEN A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.