MICHAEL ANDERSEN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL ANDERSEN HOLDING ApS (CVR number: 30825926) is a company from STEVNS. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -25.8 % compared to the previous year. The operating profit percentage was at 95.5 % (EBIT: 0.9 mDKK), while net earnings were 1537.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL ANDERSEN HOLDING ApS's liquidity measured by quick ratio was 445.8 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.