EJENDOMSSELSKABET MICHLAS ApS — Credit Rating and Financial Key Figures

EJENDOMSSELSKABET MICHLAS ApS (CVR number: 19378446) is a company from ESBJERG. The company recorded a gross profit of 69.4 kDKK in 2023. The operating profit was 69.4 kDKK, while net earnings were 63.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. EJENDOMSSELSKABET MICHLAS 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.