MICHELSEN KOMMUNIKATION ApS — Credit Rating and Financial Key Figures

MICHELSEN KOMMUNIKATION ApS (CVR number: 33884745) is a company from KØBENHAVN. The company recorded a gross profit of 28.1 kDKK in 2023, demonstrating a decline of -88.7 % compared to the previous year. The operating profit was -71.7 kDKK, while net earnings were -70.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.4 %, which can be considered poor and Return on Equity (ROE) was -68 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38 %, 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. MICHELSEN KOMMUNIKATION ApS's liquidity measured by quick ratio was 87.8 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.