H. MICHAELSEN HOLDING ApS — Credit Rating and Financial Key Figures

H. MICHAELSEN HOLDING ApS (CVR number: 27215416) is a company from SILKEBORG. The company recorded a gross profit of -16.9 kDKK in 2019. The operating profit was -16.9 kDKK, while net earnings were 9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H. MICHAELSEN HOLDING ApS's liquidity measured by quick ratio was 36.3 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.