MICHAEL GAARMANN ApS — Credit Rating and Financial Key Figures

MICHAEL GAARMANN ApS (CVR number: 36459395) is a company from RUDERSDAL. The company recorded a gross profit of 1543.1 kDKK in 2023. The operating profit was -54.4 kDKK, while net earnings were 395.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL GAARMANN ApS's liquidity measured by quick ratio was 12.6 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.