MICHAEL SYSTEMS A/S

MICHAEL SYSTEMS A/S (CVR number: 15202785) is a company from FAXE. The company recorded a gross profit of 103.2 kDKK in 2017. The operating profit was -186.2 kDKK, while net earnings were -249.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.9 %, which can be considered poor and Return on Equity (ROE) was -55.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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 SYSTEMS A/S's liquidity measured by quick ratio was 2.5 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.