Michael Thrane Holding ApS — Credit Rating and Financial Key Figures

Michael Thrane Holding ApS (CVR number: 38387839) is a company from HOLBÆK. The company recorded a gross profit of -4.8 kDKK in 2023. The operating profit was -4.8 kDKK, while net earnings were 395.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.8 %, which can be considered excellent and Return on Equity (ROE) was 176.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71 %, 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 Thrane Holding 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.