MICHAEL LAURSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

MICHAEL LAURSEN EJENDOMME ApS (CVR number: 34599599) is a company from RANDERS. The company recorded a gross profit of 0.1 kDKK in 2023. The operating profit was 1537.1 kDKK, while net earnings were 1133.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MICHAEL LAURSEN EJENDOMME ApS's liquidity measured by quick ratio was 5.1 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.