MICHAEL RASMUSSEN A/S — Credit Rating and Financial Key Figures

MICHAEL RASMUSSEN A/S (CVR number: 12996144) is a company from ODENSE. The company recorded a gross profit of 2095.7 kDKK in 2024. The operating profit was -193.2 kDKK, while net earnings were -311.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MICHAEL RASMUSSEN A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.