JØRGEN MICHAELSEN VVS ApS

JØRGEN MICHAELSEN VVS ApS (CVR number: 26706599) is a company from BRØNDBY. The company recorded a gross profit of 140.7 kDKK in 2019. The operating profit was -22.4 kDKK, while net earnings were -5.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. JØRGEN MICHAELSEN VVS ApS's liquidity measured by quick ratio was 3.2 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.