Steen Mikkelsen 2016 Holding ApS — Credit Rating and Financial Key Figures

Steen Mikkelsen 2016 Holding ApS (CVR number: 38489267) is a company from SVENDBORG. The company recorded a gross profit of 677.1 kDKK in 2024. The operating profit was 565.5 kDKK, while net earnings were 334.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 61.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Steen Mikkelsen 2016 Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.