Michael Vestergaard Grøn Holding ApS — Credit Rating and Financial Key Figures

Michael Vestergaard Grøn Holding ApS (CVR number: 40648461) is a company from Brønderslev. The company recorded a gross profit of -5.2 kDKK in 2021. The operating profit was -5.2 kDKK, while net earnings were -774 kDKK. The profitability of the company measured by Return on Assets (ROA) was -112.3 %, which can be considered poor and Return on Equity (ROE) was -112.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Michael Vestergaard Grøn Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.