MICHAEL RATJE ApS — Credit Rating and Financial Key Figures

MICHAEL RATJE ApS (CVR number: 69987613) is a company from DRAGØR. The company recorded a gross profit of 625.4 kDKK in 2023. The operating profit was 29 kDKK, while net earnings were 25.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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 RATJE ApS'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.