MICHAEL ODSGARD HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL ODSGARD HOLDING ApS (CVR number: 33394861) is a company from GLOSTRUP. The company recorded a gross profit of -3.3 kDKK in 2023. The operating profit was -39.6 kDKK, while net earnings were 106.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.6 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.