Michaels Taxa ApS — Credit Rating and Financial Key Figures

Michaels Taxa ApS (CVR number: 40112944) is a company from SYDDJURS. The company recorded a gross profit of 19.8 kDKK in 2020. The operating profit was 6.1 kDKK, while net earnings were 4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Michaels Taxa ApS's liquidity measured by quick ratio was 3.1 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.