TANDLÆGE M. MICHAELSEN HOLDING ApS — Credit Rating and Financial Key Figures

TANDLÆGE M. MICHAELSEN HOLDING ApS (CVR number: 34701083) is a company from HEDENSTED. The company recorded a gross profit of -14.4 kDKK in 2020. The operating profit was -14.4 kDKK, while net earnings were -13.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TANDLÆGE M. MICHAELSEN HOLDING ApS's liquidity measured by quick ratio was 3.4 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.