MICHAEL NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL NØRGAARD HOLDING ApS (CVR number: 26758424K) is a company from ESBJERG. The company recorded a gross profit of 43.6 mDKK in 2022. The operating profit was 8339 kDKK, while net earnings were 5488.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 24.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAEL NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.