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 1243.1 kDKK in 2024. The operating profit was 142.8 kDKK, while net earnings were 205.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MICHAEL KORS (DENMARK) ApS's liquidity measured by quick ratio was 3 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.