MICHAEL HANSEN TRANSPORT ApS — Credit Rating and Financial Key Figures

MICHAEL HANSEN TRANSPORT ApS (CVR number: 29786666) is a company from HEDENSTED. The company recorded a gross profit of 248.8 kDKK in 2016. The operating profit was 124.5 kDKK, while net earnings were 109.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.1 %, which can be considered excellent and Return on Equity (ROE) was 52.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL HANSEN TRANSPORT ApS's liquidity measured by quick ratio was 8 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.