MICHAEL MADSEN ApS — Credit Rating and Financial Key Figures

MICHAEL MADSEN ApS (CVR number: 36469161) is a company from MARIAGERFJORD. The company recorded a gross profit of 775.2 kDKK in 2023. The operating profit was 15.9 kDKK, while net earnings were -6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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 MADSEN ApS's liquidity measured by quick ratio was 1.9 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.