TØMRERFIRMAET MORTEN MICHAELSEN ApS — Credit Rating and Financial Key Figures

TØMRERFIRMAET MORTEN MICHAELSEN ApS (CVR number: 31934028) is a company from HEDENSTED. The company recorded a gross profit of 15.1 mDKK in 2023. The operating profit was 1412.7 kDKK, while net earnings were 1185.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50 %, 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. TØMRERFIRMAET MORTEN MICHAELSEN ApS's liquidity measured by quick ratio was 2.2 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.