Michael Therkildsen Holding ApS — Credit Rating and Financial Key Figures

Michael Therkildsen Holding ApS (CVR number: 37052086K) is a company from RUDERSDAL. The company reported a net sales of 53.7 mDKK in 2023, demonstrating a decline of -95.1 % compared to the previous year. The operating profit percentage was at 125.4 % (EBIT: 67.3 mDKK), while net earnings were 62.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 43.3 %, which can be considered excellent and Return on Equity (ROE) was 44.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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 Therkildsen Holding ApS's liquidity measured by quick ratio was 2.2 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.