MICHAEL NIELSEN & SØN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL NIELSEN & SØN HOLDING ApS (CVR number: 29193924) is a company from RØDOVRE. The company recorded a gross profit of -2.5 kDKK in 2018. The operating profit was -2.5 kDKK, while net earnings were -8.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL NIELSEN & SØN HOLDING ApS's liquidity measured by quick ratio was 35 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.