MICHAEL KOLD ApS — Credit Rating and Financial Key Figures

MICHAEL KOLD ApS (CVR number: 29522227) is a company from HERNING. The company recorded a gross profit of 241.2 kDKK in 2017. The operating profit was -115.6 kDKK, while net earnings were -136.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.3 %, which can be considered poor and Return on Equity (ROE) was -65.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MICHAEL KOLD ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.