JF Michelsen Holding ApS — Credit Rating and Financial Key Figures

JF Michelsen Holding ApS (CVR number: 41583940) is a company from ODENSE. The company recorded a gross profit of -4.5 kDKK in 2023. The operating profit was -4.5 kDKK, while net earnings were -4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.5 %, which can be considered poor and Return on Equity (ROE) was -49 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JF Michelsen Holding ApS's liquidity measured by quick ratio was 5 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.