P. Mikkelsen Malerforretning ApS — Credit Rating and Financial Key Figures

P. Mikkelsen Malerforretning ApS (CVR number: 36905433) is a company from VEJLE. The company reported a net sales of 5.8 mDKK in 2022, demonstrating a growth of 108.8 % compared to the previous year. The operating profit percentage was at 11.1 % (EBIT: 0.6 mDKK), while net earnings were 438.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 66.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. P. Mikkelsen Malerforretning ApS's liquidity measured by quick ratio was 1.1 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.