MICHAEL MØLLER NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL MØLLER NIELSEN HOLDING ApS (CVR number: 29173656) is a company from HJØRRING. The company recorded a gross profit of -5 kDKK in 2023. The operating profit was -5 kDKK, while net earnings were 7493.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.6 %, which can be considered excellent and Return on Equity (ROE) was 49.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL MØLLER NIELSEN HOLDING ApS's liquidity measured by quick ratio was 125.3 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.