Michaels gulve og service ApS — Credit Rating and Financial Key Figures

Michaels gulve og service ApS (CVR number: 41254629) is a company from KØBENHAVN. The company reported a net sales of 1.2 mDKK in 2020. The operating profit percentage was at 8.3 % (EBIT: 0.1 mDKK), while net earnings were 53.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. Michaels gulve og service ApS's liquidity measured by quick ratio was 1.3 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.