MICHAEL JØRGENSEN ApS — Credit Rating and Financial Key Figures

MICHAEL JØRGENSEN ApS (CVR number: 33365179) is a company from AARHUS. The company recorded a gross profit of -10.5 kDKK in 2023. The operating profit was -220.5 kDKK, while net earnings were 1801.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL JØRGENSEN ApS's liquidity measured by quick ratio was 39.9 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.