MICHAEL ELSTRØM JENSEN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL ELSTRØM JENSEN HOLDING ApS (CVR number: 26696739) is a company from SILKEBORG. The company recorded a gross profit of -13.5 kDKK in 2023. The operating profit was -27.9 kDKK, while net earnings were 2145.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18 %, 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. MICHAEL ELSTRØM JENSEN HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.