MIKKELSEN SØRENSEN ApS

MIKKELSEN SØRENSEN ApS (CVR number: 29770603) is a company from FREDERIKSBERG. The company recorded a gross profit of 733 kDKK in 2016. The operating profit was 160.6 kDKK, while net earnings were 122.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 97.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.6 %, 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. MIKKELSEN SØRENSEN ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.