MICHAEL GERTSEN FINANS ApS — Credit Rating and Financial Key Figures

MICHAEL GERTSEN FINANS ApS (CVR number: 20867280) is a company from FAVRSKOV. The company recorded a gross profit of 1083.3 kDKK in 2023. The operating profit was 761.5 kDKK, while net earnings were 1163 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL GERTSEN FINANS ApS's liquidity measured by quick ratio was 16.2 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.