MICHAEL KORS (DENMARK) ApS — Credit Rating and Financial Key Figures

MICHAEL KORS (DENMARK) ApS (CVR number: 35418008) is a company from KØBENHAVN. The company recorded a gross profit of 1220.4 kDKK in 2023. The operating profit was 190.6 kDKK, while net earnings were 208.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAEL KORS (DENMARK) ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.