MICHAEL FRANDSEN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL FRANDSEN HOLDING ApS (CVR number: 31053951) is a company from NÆSTVED. The company recorded a gross profit of 688.8 kDKK in 2023. The operating profit was 589.4 kDKK, while net earnings were 9348.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.5 %, which can be considered excellent and Return on Equity (ROE) was 74.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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 FRANDSEN HOLDING ApS's liquidity measured by quick ratio was 1.4 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.