Mikael Frølich Holding ApS — Credit Rating and Financial Key Figures

Mikael Frølich Holding ApS (CVR number: 37906409) is a company from SLAGELSE. The company recorded a gross profit of -17.5 kDKK in 2020. The operating profit was -17.5 kDKK, while net earnings were 791.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.4 %, which can be considered excellent and Return on Equity (ROE) was 58.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Mikael Frølich Holding ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.