MICHAEL HOLM TRANSPORT & FLYTNING A/S — Credit Rating and Financial Key Figures

MICHAEL HOLM TRANSPORT & FLYTNING A/S (CVR number: 33061706) is a company from DRAGØR. The company recorded a gross profit of 5708 kDKK in 2023. The operating profit was 1301.4 kDKK, while net earnings were 1064.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 59.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.3 %, 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. MICHAEL HOLM TRANSPORT & FLYTNING A/S'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.