MICHAEL ERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL ERIKSEN HOLDING ApS (CVR number: 28283776K) is a company from KOLDING. The company recorded a gross profit of 22.2 mDKK in 2018. The operating profit was 4231.4 kDKK, while net earnings were 2739.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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 ERIKSEN HOLDING ApS's liquidity measured by quick ratio was 1.5 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.