MICHAEL H. JØRGENSEN A/S — Credit Rating and Financial Key Figures

MICHAEL H. JØRGENSEN A/S (CVR number: 28850506) is a company from HOLBÆK. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was 1710.5 kDKK, while net earnings were 1401.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 160.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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. MICHAEL H. JØRGENSEN A/S's liquidity measured by quick ratio was 1.7 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.