MICHAEL QUIST ApS — Credit Rating and Financial Key Figures

MICHAEL QUIST ApS (CVR number: 35257454) is a company from FURESØ. The company recorded a gross profit of 887.3 kDKK in 2023. The operating profit was 30.5 kDKK, while net earnings were 31.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. MICHAEL QUIST 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.