Snedker- og Tømrermester Lars Elias Michelsen ApS — Credit Rating and Financial Key Figures

Snedker- og Tømrermester Lars Elias Michelsen ApS (CVR number: 42528552) is a company from HELSINGØR. The company recorded a gross profit of 530.7 kDKK in 2024. The operating profit was -2.6 kDKK, while net earnings were -22 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69 %, 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. Snedker- og Tømrermester Lars Elias Michelsen ApS's liquidity measured by quick ratio was 2 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.