SØREN MIKKELSEN BYG & INVEST ApS — Credit Rating and Financial Key Figures

SØREN MIKKELSEN BYG & INVEST ApS (CVR number: 24230813) is a company from ODDER. The company recorded a gross profit of 293.3 kDKK in 2024. The operating profit was 202.9 kDKK, while net earnings were 54.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 92.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SØREN MIKKELSEN BYG & INVEST ApS's liquidity measured by quick ratio was 1.3 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.