TØMRERFIRMAET MICHAEL NIELSEN ApS — Credit Rating and Financial Key Figures

TØMRERFIRMAET MICHAEL NIELSEN ApS (CVR number: 29221057) is a company from HILLERØD. The company reported a net sales of 3.3 mDKK in 2023, demonstrating a decline of -19.7 % compared to the previous year. The operating profit percentage was at 19.4 % (EBIT: 0.6 mDKK), while net earnings were 222.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TØMRERFIRMAET MICHAEL NIELSEN ApS's liquidity measured by quick ratio was 1.7 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.