Mikkels Murerforretning ApS — Credit Rating and Financial Key Figures

Mikkels Murerforretning ApS (CVR number: 37468908) is a company from HORSENS. The company recorded a gross profit of 1736 kDKK in 2023. The operating profit was 36.6 kDKK, while net earnings were 48.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 27.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mikkels Murerforretning ApS's liquidity measured by quick ratio was 1.2 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.