Michael Rangstrup Holding ApS — Credit Rating and Financial Key Figures

Michael Rangstrup Holding ApS (CVR number: 37936839) is a company from SVENDBORG. The company reported a net sales of 3 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 3 mDKK), while net earnings were 3056.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.8 %, which can be considered excellent and Return on Equity (ROE) was 47.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Michael Rangstrup Holding ApS's liquidity measured by quick ratio was 61.3 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.