MICHAEL SECHER HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL SECHER HOLDING ApS (CVR number: 33641710) is a company from AALBORG. The company recorded a gross profit of -60.5 kDKK in 2020. The operating profit was -60.5 kDKK, while net earnings were -320.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent but Return on Equity (ROE) was -60.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. MICHAEL SECHER HOLDING ApS's liquidity measured by quick ratio was 4.8 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.