Mikkel Larsen Holding Vejle ApS — Credit Rating and Financial Key Figures

Mikkel Larsen Holding Vejle ApS (CVR number: 37544108) is a company from VEJLE. The company recorded a gross profit of -5.2 kDKK in 2018. The operating profit was -5.2 kDKK, while net earnings were 103.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 88.5 %, which can be considered excellent and Return on Equity (ROE) was 102.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mikkel Larsen Holding Vejle ApS's liquidity measured by quick ratio was 39.1 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.