MICHAEL CLEMMENSEN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL CLEMMENSEN HOLDING ApS (CVR number: 35802002) is a company from KØGE. The company recorded a gross profit of -2.9 kDKK in 2023. The operating profit was -2.9 kDKK, while net earnings were -2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. MICHAEL CLEMMENSEN 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.