Tømrermester Mikkel Majgaard ApS

Tømrermester Mikkel Majgaard ApS (CVR number: 39776979) is a company from LEJRE. The company recorded a gross profit of 779.9 kDKK in 2024. The operating profit was 21.6 kDKK, while net earnings were 15.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. Tømrermester Mikkel Majgaard ApS's liquidity measured by quick ratio was 1.2 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.