MICHAEL KöRNER ApS — Credit Rating and Financial Key Figures

MICHAEL KöRNER ApS (CVR number: 27553052) is a company from GENTOFTE. The company recorded a gross profit of -80.5 kDKK in 2023. The operating profit was -211 kDKK, while net earnings were 848.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL KöRNER ApS's liquidity measured by quick ratio was 47.9 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.