MICHELSEN EJENDOMME ApS

MICHELSEN EJENDOMME ApS (CVR number: 27771041) is a company from AARHUS. The company recorded a gross profit of 621.5 kDKK in 2023. The operating profit was 505 kDKK, while net earnings were 260.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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. MICHELSEN EJENDOMME ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.