MICHAEL ODSGARD HOLDING ApS

MICHAEL ODSGARD HOLDING ApS (CVR number: 33394861) is a company from GLOSTRUP. The company recorded a gross profit of 195.4 kDKK in 2022. The operating profit was -5.1 kDKK, while net earnings were 96.3 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 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. MICHAEL ODSGARD HOLDING ApS's liquidity measured by quick ratio was 1.3 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.