Mette Friis-Mikkelsen Design ApS — Credit Rating and Financial Key Figures

Mette Friis-Mikkelsen Design ApS (CVR number: 38531050) is a company from KØBENHAVN. The company reported a net sales of 0.2 mDKK in 2019, demonstrating a growth of 455.5 % compared to the previous year. The operating profit percentage was at 28 % (EBIT: 0.1 mDKK), while net earnings were 57.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 107.6 %, which can be considered excellent and Return on Equity (ROE) was 156.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. Mette Friis-Mikkelsen Design ApS's liquidity measured by quick ratio was 2.7 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.