MICHAEL RYDING ApS — Credit Rating and Financial Key Figures

MICHAEL RYDING ApS (CVR number: 25991303) is a company from ALLERØD. The company recorded a gross profit of -9.4 kDKK in 2023. The operating profit was -9.4 kDKK, while net earnings were 428.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.2 %, which can be considered excellent and Return on Equity (ROE) was 48.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. MICHAEL RYDING ApS's liquidity measured by quick ratio was 2.3 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.