MICHAEL FALGREN ApS

MICHAEL FALGREN ApS (CVR number: 36473118) is a company from HELSINGØR. The company recorded a gross profit of -2.9 kDKK in 2019. The operating profit was -61.2 kDKK, while net earnings were -56.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65 %, which can be considered poor and Return on Equity (ROE) was -106 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAEL FALGREN ApS's liquidity measured by quick ratio was 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.