Michael Søby Autoriseret VVS Installatør ApS — Credit Rating and Financial Key Figures

Michael Søby Autoriseret VVS Installatør ApS (CVR number: 38897780) is a company from AARHUS. The company recorded a gross profit of 6062 kDKK in 2023. The operating profit was 1493.4 kDKK, while net earnings were 1189.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Michael Søby Autoriseret VVS Installatør ApS's liquidity measured by quick ratio was 5 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.