MICHAEL VEST HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL VEST HOLDING ApS (CVR number: 26770394) is a company from VEJEN. The company recorded a gross profit of 418.8 kDKK in 2023. The operating profit was -25.8 kDKK, while net earnings were 4312.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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 VEST HOLDING ApS's liquidity measured by quick ratio was 36.9 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.