Michael Honoré Advokatholdingselskab ApS — Credit Rating and Financial Key Figures

Michael Honoré Advokatholdingselskab ApS (CVR number: 40140085) is a company from FURESØ. The company recorded a gross profit of -41.5 kDKK in 2023. The operating profit was -41.5 kDKK, while net earnings were 1281.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.2 %, which can be considered excellent and Return on Equity (ROE) was 42.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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 Honoré Advokatholdingselskab ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.